Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with the U.S. auto giant, according to a source familiar with the talks and Hyundai documents reviewed by Reuters. ** The chairman of Spain's Sabadell urged the government to be transparent about any conditions it may put on the hostile takeover bid the bank faces from bigger rival BBVA , as shareholders weigh whether to tender their shares. ** Swedish mining group Boliden plans a directed share issue of around 3.75 billion crowns ($370 million) to finance its previously announced acquisition of two mines, it said. ** Japan’s Nippon Steel has asked a U.S. judge to dismiss a consumer lawsuit seeking to block the manufacturing giant’s proposed $14.9 billion purchase of U.S. Steel that is currently tied up in negotiations with the Trump administration. ** Munich Re is buying the 71% of Next Insurance that it doesn't already own, strengthening its foothold in the United States and valuing the California-based company at $2.6 billion, a division of the German company said. ** India's Manappuram Finance said investment firm Bain Capital would pick up an 18% stake in the gold loan provider for 43.85 billion rupees ($508 million). ** Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO , weeks after it rejected a marginally lower bid from the company and raised its defenses to prevent a hostile takeover. ** British medical device maker Niox Group said it had received a sweetened buyout proposal from Parisian private equity firm Keensight Capital, valuing the company at 322.4 million pounds ($417.48 million). ** Kraken said it would buy retail futures trading platform NinjaTrader for $1.5 billion, in a deal that would allow one of the world's largest cryptocurrency exchanges to expand into multiple asset classes and grow its user base. ** Monte dei Paschi expects to receive all the relevant approvals to launch its takeover offer for Mediobanca by the end of June, Chief Executive Luigi Lovaglio said. ** French banking group Credit Mutuel Alliance Federale is buying German lender Oldenburgische Landesbank (OLB), a surprise move after the northern German bank for years considered a listing on the stock exchange. ** Targo Deutschland, the German subsidiary of France's Crédit Mutuel Alliance Fédérale, will buy the German lender Oldenburgische Landesbank (OLB), the two companies said. ** Japanese technology investor SoftBank Group 9984.T is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing, a U.S. chip startup founded by the former president of Intel >. ** Nvidia NVDA.O CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel INTC.O. ** The Doctors Company said on Wednesday it had agreed to buy ProAssurance for $25 per share in cash, valuing the New York-listed medical liability insurer at $1.3 billion.