Deals of the day-Mergers and acquisitions
Dec 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1200 GMT on Tuesday:
India's Adani Wilmar ADAW.NS fell over 6% in early trade, a day after the Adani Group said it would sell its entire 44% stake in the consumer goods company in a $2 billion deal to focus on strengthening its infrastructure businesses.
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Hong Kong's CTF Services 0659.HK, part of the conglomerate owned by billionaire tycoon Henry Cheng and family, is in early talks with China's state-owned Yuexiu Group to sell a bundle of toll roads worth $2 billion, Bloomberg News reported.
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SiriusPoint has entered into an agreement to repurchase all of its common shares and warrants held by CMIG subsidiary CM Bermuda – the former owner of Sirius – for $733 million.
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(Compiled by Rajarshi Roy and Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com))
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