Mergers and acquisitions

About this update from Lotte Chemical Corporation

The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Tuesday:** Warner Bros Discovery NASDAQ:WBD has asked potential buyers to submit improved offers by December 1, Bloomberg News reported, citing people familiar with the matter.** British bookmaker Evoke LSE:EVOK has appointed bankers to assess options for the potential sale of its Italian online business if the government imposes steep tax increases in the upcoming budget, Sky News reported.** South Korea's Lotte Chemical KRX:011170 plans to shut its naphtha cracking operation to merge with HD Hyundai KRX:267250 as part of the country's push to restructure an oversupplied petrochemical sector, a news report said.** Indian warehouse developer IndoSpace (INDV.NS) and Canada Pension Plan Investment Board (CPPIB) said they acquired six industrial and logistics parks worth 30 billion rupees ($336.26 million) through their joint venture.

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