Deals of the day-Mergers and acquisitions
Adds Rothschild; updates Newmont
Feb 6 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2045 GMT on Monday:
** In a show of confidence that strengthens the Rothschild family's grip on its Paris-listed investment bank, the financial dynasty said it plans to take Rothschild & Co ROTH.PA private. nL8N34M2E6
** Sibanye-Stillwater SWJ.J is not interested in gold mergers and acquisitions, CEO Neal Froneman said, after Newmont's $16.9 billion bid for Newcrest increased the pressure on gold miners to consolidate. nL8N34M48E
** Russian President Vladimir Putin approved the sale of Mercedes-Benz's MBGn.DE local financial services division to Russian car dealer Avtodom, nudging the German automaker closer towards fully offloading its Russian assets. nL8N34M3G2
** Abbvie ABBV.N will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal for Botox maker Allergan in 2020 that shot up its debt, the company's chief executive officer told the Wall Street Journal. nL4N34M2C0
** Philippine conglomerate Metro Pacific Investments Corp MPI.PS is buying one-third of Axelum Resources Corp AXLM.PS for 5.32 billion pesos ($97.7 million), the coconut products manufacturer and exporter said.nL1N34M0K9
** Alpha Bank ACBr.AT, one of Greece's four largest lenders, has agreed to sell real estate assets to Dimand S.A. and Premia Properties, the bank said.
** Commodity price and news specialist Fastmarkets has acquired Singapore-based Palm Oil Analytics, expanding its coverage of vegetable oil and biofuel markets, it said.nL8N34M2I1
** Nissan 7201.T and Renault RENA.PA unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault's electric vehicles unit Ampere. nL8N34M1GY
** Australia's Recharge Industries was selected as the preferred bidder to buy Britishvolt, the collapsed UK startup which had struggled to fund a major electric vehicle battery factory in northern England. nL4N34M1Q4
** U.S.-based Newmont Corp's NEM.N $16.9 billion offer for Newcrest Mining Ltd NCM.AX would create a gold mining behemoth, but investors and analysts said the offer may be too low in the wake of a leadership change at the Australian company. [nL1N34L0H1]
** U.S. investor Sixth Street is among the firms preparing a bid for a part of the media and commercial rights to Germany's football league, the Financial Times reported, citing people familiar with the matter. nL4N34M0TN
** Public Storage PSA.N, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc LSI.N, ratcheting up attempts to buy its smaller rival after its earlier takeover attempts were rebuffed. nL1N34L0H7
** South Korea's Dongwon Industries Co Ltd 006040.KS in a regulatory filing said it is considering buying the local unit of U.S. fast-food chain McDonald's Corp MCD.N. nS6N33R00N
** Gina Rinehart-owned Hancock Energy said that its updated A$0.36 per share offer for Australia's Warrego Energy WGO.AX, which valued the oil and gas explorer at A$440 million ($304 million) has received the minimum required 40% approval from Warrego shareholders. nL1N34L0HK
** Australian copper and gold producer OZ Minerals OZL.AX said its A$9.6 billion ($6.61 billion) buyout by BHP Group BHP.AX received approval from Brazilian competition regulator the Administrative Council for Economic Defence. nL1N34L0FT
** Tenaris SA TENR.MI said on Sunday that Benteler North America Corp has called off a previously announced agreement to sell 100% of its shares in its steel pipe business to the Luxembourg-based company. nL4N34L08O
(Compiled by Priyamvada C, Rajarshi Roy and Granth Vanaik in Bengaluru)
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