Mergers and Acquisitions Buyins and Buyouts

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  • Investors and analysts have been pushing for Viacom to consider selling all or a part of Paramount, as Viacom struggles with weak ad sales and few hit movie releases. A report by an analyst at Bernstein on Monday valued a sale of all of Paramount at $4 billion. Investor Mario Gabelli, the second-largest owner of voting shares of Viacom, has said he would like to see...

  • Feb 23- Viacom Inc is considering selling a minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday. The media company has been approached by several strategic investors and has retained PJT Partners as its financial adviser to assist in the process, Dauman said at the Jefferies Media& Communications Conference.

  • *Scotiabank's strategy to exit Asia retail business-source. SINGAPORE/ HONG KONG, Feb 23- Canada's Bank of Nova Scotia has approached a unit of Bank of China, Maybank and two Japanese banks to gauge their interest in its $1.7 billion stake in Thai lender Thanachart, people familiar with the matter said. Scotiabank is the latest mid-sized Western bank in Asia to...

  • MUMBAI, Feb 22- India will sell a 5 percent stake worth about $730 million in its top power producer NTPC Ltd, as the government races against time to raise funds via asset sales to meet this year's fiscal deficit target. The NTPC share sale will begin on Tuesday, the government said, and if successful, will be the biggest divestment by the state in about six months...

  • DUBAI, Feb 18- Lebanon- based luxury chocolatier Patchi is working with Goldman Sachs and deNovo Corporate Advisors ahead of a potential stake sale, sources familiar with the matter told Reuters, in a deal expected to value the company at more than $500 million. The prospective sale would be the latest in the food sector in the Middle East by a family business...

  • ABU DHABI, Feb 18- United Arab Emirates- based Aster DM Healthcare is seeking to sell a minority stake this year either through a stock market flotation or a deal with a private investor, its chairman told Reuters on Thursday. The company runs hospitals, clinics and pharmacies across the Gulf and India and is benefiting from a booming healthcare market in the UAE...

  • Nov 25- Billionaire investor Leonard Blavatnik disclosed an 11.4 percent passive stake in Class A shares of mobile payments company Square Inc, which went public earlier this month. The stake in Jack Dorsey-led Square was reported as of Nov. 24. Blavatnik is also the owner of Warner Music Group and holds a stake in popular handbag maker Tory Burch LLC.

  • Nov 25- Ukrainian billionaire Leonard Blavatnik disclosed a 11.4 percent passive stake in Class A shares of mobile payments company Square Inc, which went public earlier this month. The stake in Jack Dorsey-led Square was reported as of Nov. 24. Dorsey is also chief executive of Twitter Inc..

  • Feb 11- Visa Inc, the world's largest payments network operator, disclosed a 9.99 percent holding of Class A shares in mobile payment firm Square Inc.. The stake in the company, run by Twitter Inc CEO Jack Dorsey, was revealed in a regulatory filing on Thursday. Billionaire investor Leonard Blavatnik disclosed in November an 11.4 percent passive stake in Class A...

  • RUSSIA STUDYING OPTIONS FOR OIL FIRM BASHNEFT'S PRIVATISATION, COULD SELL CONTROLLING STAKE, OR 25 PERCENT VIA STOCK EXCHANGE- SOURCES.

  • LONDON, Feb 12- Oil major LUKOIL has told the Russian government it wants to buy mid-sized rival Bashneft, with the state still studying whether to sell a controlling or minority stake in the firm to plug a budget deficit, sources told Reuters. It is Russia's second-largest oil producer and its biggest private oil firm, already producing as much oil as OPEC nations...

  • Feb 11- Visa Inc, the world's largest payments network operator, disclosed a 9.99 percent stake in mobile payment firm Square Inc, making it one of the top five shareholders. The stake in the company, run by Twitter Inc CEO Jack Dorsey, was revealed in a regulatory filing on Thursday. Billionaire investor Leonard Blavatnik disclosed in November an 11.4 percent...

  • SAO PAULO, Feb 10- U.S. Elo Participacoes SA, a holding company controlled by Banco Bradesco SA and Banco do Brasil, has been in negotiations to buy Citigroup's 49 percent stake in Elavon do Brasil. A deal, though, could be slowed or complicated by Brazil's antitrust regulator, Cade, the two sources said.

  • *H1 underlying NPAT A $375 mln vs A $336 mln expected by analysts. *H1 net loss A $449 mln vs A $308 mln net profit previous year. SYDNEY, Feb 10- A week after quitting a gas business hammered by depressed oil prices, Australia's AGL Energy fast-tracked on Wednesday a shift into another competitive market by buying a stake in U.S. solar battery maker Sunverge Energy.

  • MUMBAI, Feb 9- Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday. Last week, Bloomberg reported that the company was in talks with Saudi Arabia's biggest oil company Saudi Aramco and National Iranian Oil Company to sell a...

  • PARIS, Feb 8- Casino could beat a 4 billion euro asset disposal target this year following the sale of its Thai business, the French retailer's finance chief said on Monday. The sale of a 58.6 percent stake in Big C for 3.1 billion euros, excluding debt, to Thailand's TCC Group is part of a plan by Casino to reduce its 6 billion euros of debt. Casino's sale of its Big C...

  • BANGKOK, Feb 8- Investors in Big C, one of Thailand's largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France's Casino Group to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. Shares in Big C Supercenter hit a 13- month high of 251 baht on Monday, just below the offer price of 252.88 baht, and jumped...

  • BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a 13- month high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group at a premium. The French retailer said on Sunday it had agreed to sell its 58.6 percent of Big C to TCC Group at 252.88 baht per share, a 28 percent...

  • BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a year high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group. At 0303 GMT, Big C shares were up 9.6 percent to 249 baht, the highest since late January 2015, while the overall market index was up 0.16 percent.

  • *Deal to boost tycoon Charoen's retail presence in Thailand. HONG KONG/ BANGKOK, Feb 7- France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group, it said on Sunday. Casino announced a 4- billion-euro disposal plan in 2016, including the sale of its...