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Deals of the day-Mergers and acquisitions Reuters 2 hrs ago
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May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1445 GMT on Friday: Travis Perkins, Britain s biggest seller of building materials, will return cash to shareholders after selling its plumbing and heating business to an affiliate of investment firm H.I.G. Capital for 325 million pounds ($461 million). Italian payments group Nexi is in talks with Alpha Bank to take a stake in the Greek bank s retailers payment business, four sources close to the matter said. Biffa said it would buy the collections business and certain recycling assets from Viridor Waste Management Ltd for 126 million pounds ($178.87 million), as the waste-management specialist solidifies its position in the UK.
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Confirms 2021 and medium-term guidance Outlines cost cutting plans, FMC to follow (Adds details, CEO quotes from call)
May 6 (Reuters) - German healthcare group Fresenius reported a smaller than expected fall in quarterly net income on Thursday, helped by government aid for its hospitals and lower mortality among dialysis patients as more received COVID-19 vaccines.
The pandemic has had a mixed effect on healthcare groups, as demand for coronavirus-related products and services has come alongside a drop in visits to doctors and a rise in patient deaths.
Fresenius, which controls the world’s largest provider of kidney dialysis services and makes COVID-19 treatment dexamethasone, said first-quarter net income fell 2% to 435 million euros ($522 million) on a currency-adjusted basis.
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