ReutersReuters

Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** BHP's BHP bid for Anglo American AAL underlines the growing appetite for energy transition metals like copper from miners who must become more aggressive to secure new projects or risk missing out, investors and mining CEOs said.

** Abu Dhabi National Oil Company (ADNOC) has acquired a 10% stake in Galp's GALP Area 4 concession in the multi-billion-dollar natural gas project in the Rovuma basin in Mozambique, it said, its first foray into the African country.

** Admiral Acquisition AADMR will buy North American engineering and lab-testing services provider Acuren in a $1.85 billion deal, the blank-check company co-founded by dealmaker Martin E. Franklin said .

** Namoi Cotton NNAM asked shareholders to reject Dutch commodity merchant Louis Dreyfus' A$138.6 million ($92.39 million) offer to take full control of the cotton ginning firm, citing a better offer by Singapore's Olam Agri (IPO-OLAA.SI).

** Uruguay's antitrust regulator blocked Mexican breadmaking giant Bimbo's planned purchase of local breadmaker Pagnifique on Tuesday, citing risks to market concentration if Bimbo were able to carry out the deal.

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