Deals of the day-Mergers and acquisitions

Reuters
Oct 27
Deals of the day-Mergers and acquisitions

Oct 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:

** India's renewable energy service company OMC Power, backed by Japan's Mitsui &amp; Co <8031.T> and Chubu Electric Power <9502.T>, said that Japanese automaker Honda Motor <7267.T> has taken an equity stake in the company to jointly build clean energy storage batteries.

nL4N3W80EN

** Australia's Larvotto Resources LRV.AX said it had rejected a non-binding indicative offer received last week from United States Antimony Corporation, valuing the miner at about A$722.9 million ($469.74 million).

nL6N3W7067

** Swiss drugmaker Novartis <NOVN.S> on Sunday said it agreed to acquire U.S. biotech firm Avidity Biosciences RNA.O for about $12 billion in cash, as the company looks to bolster its portfolio of treatments for rare muscle disorders.

nL1N3W705E

(Compiled by Rajarshi Roy and Anhata Rooprai in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10