June 30, 2020 / 10:11 AM / 13 days ago

Deals of the day-Mergers and acquisitions

(Adds SolGold, Nexi, Jindal Steel and Power Ltd, Aleatica, Essar Group)

June 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** Alaskan officials approved BP Plc’s sale of its oil and gas leases in the state to closely held Hilcorp Energy Co. as part of a previously announced $5.6 billion deal.

** Australian wind and solar firm Infigen Energy Ltd recommended an offer from Iberdrola to its shareholders, after the Spanish company waived most conditions from its A$856 million ($589 million) bid.

** The administrators of hospital operator NMC Health have selected Perella Weinberg Partners to advise on the sale of its international fertility business, two sources familiar with the matter said.

** Wirecard North America Inc, a unit of German payments company Wirecard AG, on Monday said it has put itself up for sale, days after the troubled parent firm filed for insolvency.

** BHP-backed SolGold Plc, the copper-gold company focused on Ecuador, is making a second attempt to take over Canada’s Cornerstone Capital Resources, whose largest shareholder said the approach is likely to be rebuffed.

** Italy’s Nexi has finalised its acquisition of Intesa Sanpaolo’s retailers’ payments business for 1 billion euros ($1.1 billion), removing a potential obstacle in ongoing merger talks between Nexi and smaller rival Sia.

** India’s Jindal Steel and Power Ltd (JSPL) said it is selling its Oman subsidiary to Templar Investments Limited in a deal valued at over $1 billion, to ease the group’s debt burden.

** International infrastructure operator Aleatica said it has agreed to buy a controlling stake in Italian toll road operator Brebemi from Italy’s biggest retail bank, Intesa Sanpaolo.

** Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two people with knowledge of the matter said.

Compiled by Bharath Manjesh and Shreyasee Raj in Bengaluru

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