News Highlights: M&A Stories Of The Day

ITV Bid Rejected by Peppa Pig-Owner Entertainment One

Canadian film and television producer and distributor Entertainment One Ltd., the owner of children’s cartoon series Peppa Pig, Wednesday said it rejected a $1.3 billion offer from U.K. broadcaster ITV PLC.

Carlsberg Sells Stake in Malawi Business

Danish brewer Carlsberg A/S (CARL-A.KO) Wednesday announced the sale of its stake in Carlsberg Malawi Limited to Castel Group for an undisclosed fee, as it executes its strategy to slim down the company and focus on core businesses.

Yara Buys Tata Chemicals’ Indian Urea Assets For $400 Million

Norwegian fertilizer producer Yara International ASA (YAR.OS) agreed to acquire Tata Chemicals Ltd.’s (500770.BY) Indian urea business for $400 million to strengthen its position in the world’s second-largest fertilizer market.

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