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Aramco to buy $1.5bn stake in Hengli Petrochemical.?
AirAsia among six bidders for state-run SriLankan India Airlines.
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CoStar Group , a provider of online real estate marketplaces, information and analytics in the property markets, agreed to acquire Matterport , an American 3D spatial mapping company, for $1.6bn.
"CoStar Group and Matterport have nearly identical mission statements of digitizing the world's real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together,?in pursuit of?our common mission," Andy Florance , CoStar Group Founder and CEO.
CoStar is advised by J.P. 摩根 .
Quanex , a metal window and door manufacturing company, agreed to acquire Tyman , a supplier of engineered?components to the?door and window industry, for $1.1bn.
"As one?company, we will have an enhanced financial profile grounded in attractive margins, strong free cash flow and a healthy balance?sheet, that will enable?us to invest in organic and inorganic growth opportunities to deliver superior returns for investors. The industrial logic and strategic rationale of bringing Quanex and Tyman together are clear and compelling, and we are confident in our ability to drive meaningful value creation for both Quanex and Tyman shareholders and enhanced market offerings for our customer base," George Wilson , Quanex Chairman, President and CEO.
Tyman is advised by Deutsche Numis (led by Jonathan Wilcox ), Greenhill & Co. (led by David Wyles ), Latham & Watkins and MHP Communications (led by Reg (Nick) Hoare ). Quanex is advised by 瑞银集团 (led by Simon Smith ), Foley & Lardner LLP , Travers Smith and Joele Frank (led by Arielle Rothstein and Andrew Siegel ).?Debt financing is provided by 美国银行 , TD Securities and 富国银行 .
TotalEnergies , a global integrated energy company, agreed to acquire a 50% stake in SapuraOMV Upstream (Sarawak) Inc. , a Malaysian independent gas producer and operator, from Sapura Upstream Assets, a global integrated oil and gas services and solutions provider, for $530m.
“Following the transaction with OMV announced two months ago and this new transaction with Sapura Upstream Assets, TotalEnergies will have full ownership of SapuraOMV and become a significant gas operator in Malaysia. The SapuraOMV assets are fully in line with our strategy to grow our gas production to meet demand growth, focusing our portfolio on low-cost and low-emission assets. We look forward to strengthening our global partnership with Petronas in Malaysia, a country where we see further development opportunities for our Company,” Patrick Pouyanné , TotalEnergies Chairman and CEO.
Aramco to buy?$1.5bn stake in Hengli Petrochemical.?
Saudi aramco is in talks to acquire a 10% stake in Chinese refiner Hengli Petrochemical International Pte. Ltd. ,?Bloomberg?reported.?
The companies signed an agreement on the proposed transaction, which?“aligns with?Aramco’s?strategy to expand its downstream presence in key high-value markets,”?the companies?said in the statement. The stake is valued at about $1.5bn.
AirAsia among six bidders for state-run?SriLankan?India Airlines.
AirAsia is among six bidders for Sri?Lanka's?state-run carrier?SriLankan?Airlines?as the?island nation looks to reduce losses incurred by government-owned enterprises under a $2.9bn International Monetary Fund programme, DealStreetAsia reported.?
AirAsia Consulting has submitted a request for qualification from potential investors for?the acquisition of?shares in?SriLankan?Airlines, a statement released by Sri?Lanka's?finance ministry said.
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