
Adds Kraft Heinz, Trucordia, Agilis Partners, Tether, HSBC; Updates H&E Equipment Services
Feb 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2055 GMT on Tuesday:
Global packaged food group Kraft Heinz KHC.O is working with investment bank Houlihan Lokey to sell its Italy-based infant food product brand Plasmon, according to two sources close to the matter. nL5N3P90W2
Trucordia has acquired the insurance business of Boater's Insurance Agency, a San Francisco Bay Area-based firm specialising in marine insurance solutions and services. nL6N3P90HD
Arthur J Gallagher has announced the acquisition of Waltham, Massachusetts-based Agilis Partners. nL6N3P90IK
Cryptocurrency firm Tether is open to all future options with regards to increasing its investment in Juventus JUVE.MI, the Italian Serie A soccer club where it has built a 5% stake, and has the financial capacity to do so. nL5N3P91N5
HSBC HSBA.L said it has agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait BBKB.BH. Financial details of the transaction were not disclosed. nL3N3P91H5
U.S. machinery rental firm Herc Holdings HRI.N is poised to acquire smaller rival H&E Equipment Services HEES.O for $3.83 billion after outbidding leader United Rentals URI.N. nL3N3P90E3
Auto retailer Asbury Automotive Group
Diamondback Energy
Restaurant Brands International
Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the two companies said, as the battery maker's restructuring inches forward. nS8N3M005F
Anglo American
U.S. fund KKR
UK's competition regulator said it has provisionally cleared British food maker Boparan Holdings' proposed deal to buy Dutch agricultural feed company ForFarmers' FFARM.AS Burston and Radstock feed mill sites. nL3N3P90LH
Infrastructure investment company Infratil