Deals of the day-Mergers and acquisitions
Adds Standard Bank, Lockheed Martin and Seagram
Aug 15 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2000GMT on Thursday:
** Seagram heir Edgar Bronfman Jr. is preparing to make an offer for Paramount Global PARA.O and its controlling shareholder National Amusements, Bloomberg News and Wall Street Journal reported, citing sources. nL4N3K21D7
** Lockheed Martin LMT.N agreed to acquire satellite products maker Terran Orbital LLAP.N in a $450 million deal, months after the defense contractor withdrew it previous bid to take it private. nL4N3K21CF
** Standard Bank SBKJ.J, Africa's biggest lender by assets, is looking to increase stakes it holds in businesses in Angola and Nigeria, its CEO said. nL1N3K20MU
** Roper Technologies ROP.O has agreed to buy Transact Campus for $1.5 billion, the software services firm said , to strengthen its business that serves higher education institutions and healthcare facilities. nL4N3K210N
** Carrier Global Corp CARR.N said it would sell its commercial and residential fire business to an affiliate of private equity firm Lone Star Funds in a deal valued at $3 billion, pressing ahead with the divestment of non-core assets to focus on its heating and cooling equipment businesses.nL4N3K20WN
** Alaska Air ALK.N said it has agreed to further extend the review period of its proposed $1.9 billion acquisition of peer Hawaiian Holdings HA.O with the U.S. Department of Justice (DOJ). nL4N3K20XO
** Kenya's Mobius Motors, which makes low-priced SUVs designed for Africa's sometimes poor quality roads, has accepted a takeover bid from an unidentified buyer, it said, staving off voluntary liquidation. nL8N3K20UR
** Australian lithium miner Pilbara Minerals PLS.AX said it would acquire smaller peer Latin Resources LRS.AX for an implied value of A$559.9 million ($369.4 million) in a move to diversify its operations. nL4N3K11S6
** Gamco Asset Management, one of the largest shareholders of Dril-Quip DRQ.N, said on Wednesday it would vote against the proposed merger of the oilfield services firm with peer Innovex Downhole Solutions. nL4N3K11PH
** Controlling shareholders of Brazilian payments firm Cielo CIEL3.SA concluded a 4.3 billion reais ($786 million) tender offer on Wednesday that takes the firm private, according to Brazilian exchange operator B3. nL1N3K1106
** Warren Buffett's Berkshire Hathaway BRKa.N acquired stakes in cosmetics store chain Ulta Beauty ULTA.O and aircraft parts maker Heico HEI.N during the second quarter, when it also significantly cut its huge stake in Apple AAPL.O.nL1N3K10EV
(Compiled by Rajarshi Roy, Pritam Biswas and Aatreyee Dasgupta in Bengaluru)
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