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<WIRE> Daily Deal Roundup: Mergers and Acquisitions Featuring CSR (ASX:CSR) and Axway



This report details the most recent mergers, acquisitions, and significant disposals reported up until 2100 GMT this Wednesday.

Australian building materials enterprise CSR (ASX:CSR) reports receiving a non-binding takeover proposal valued at A$4.30 billion ($2.81 billion) from French construction materials group Saint-Gobain.

In the software sector, French company Axway has begun discussions to potentially acquire the majority of Sopra Banking Software’s activities from Sopra Steria.

In mining, U.S.-based Piedmont Lithium announces it will sell its remaining shares in Australian miner Sayona Mining for approximately A$59.9 million ($39.28 million).

A consortium headed by state-owned pharmaceutical titan Sinopharm has rejuvenated its bid to take China Traditional Chinese Medicine Holdings private, valuing the Hong-Kong-listed drug maker at HK$23.16 billion ($2.96 billion).

Consumer electronics conglomerate Samsung Electronics from South Korea has dispensed its remaining stake in semiconductor manufacturing equipment producer ASML as documented in a company filing from last year’s fourth quarter.

To bolster its geographical influence in the mining chemicals business, Australia’s Orica has revealed it will acquire U.S.-based chemical company Cyanco Intermediate 4 Corp for $640 million.

British billionaire Jim Ratcliffe concludes his acquisition of a 25% equity interest in Premier League club Manchester United, thus ending a 15-month-long endeavor.

Capital One Financial’s $35.3 billion transaction for acquiring Discover Financial could engender new competition for payment giants Visa and Mastercard, potentially facilitating the pathway for regulatory approval, predict analysts.

This information was compiled by Rajarshi Roy, Annett Mary Manoj, and Pritam Biswas in Bengaluru.

CSR (ASX:CSR) is an Australian company that specializes in the production and distribution of building materials.


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