Mergers and acquisitions

About this update from Pt Pertamina Geothermal Energy Tbk

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:** MTN Group , Africa's biggest mobile operator, said it is in advanced talks to buy the 75% stake it does not already own in IHS Holdings NYSE:IHS, in a deal that could value the tower infrastructure firm at about $2.76 billion. ** Two Canadian pension funds plan to sell their stakes in Associated British Ports in a deal that they hope will value the UK's biggest ports operator at more than 10 billion pounds ($13.63 billion), the Financial Times reported.** Indonesian state energy firm Pertamina is merging its downstream companies to integrate its refinery business with its logistic units to improve its operations. ** Australia's Maas Group said it would sell its building materials division for up to A$1.70 billion ($1.19 billion) to pivot towards artificial intelligence-related infrastructure, sending its shares crashing more than 26%. ** Brookfield Private Capital said it does not intend to make an offer for Britain's Hikma Pharmaceuticals .

View stock analysis, news, and events for Pt Pertamina Geothermal Energy Tbk