What led Abu Dhabi suitors to walk away from the $19 billion Santos takeover? Read today's Australia Briefing, by @argana_carmeli for your daily dose of the best of Bloomberg from Down Under and around the world. https://t.co/6FEONmxPwe ...

Core Insights - Libstar, a South African consumer goods producer, has attracted interest from potential acquirers during an internal business review [1][2] - The company is evaluating non-binding expressions of interest for the acquisition of all its securities [2] - Libstar's financial results for the first half of the year show a revenue increase of 6.6% to R5.95 billion ($343.2 million) despite market challenges [3] Financial Performance - Revenue for the first half of the year reached R5.95 billion ($343.2 million), marking a 6.6% increase year-over-year [3] - Operating profit rose by 14.6% to R230.8 million, while total profit increased by 8.7% to R90.7 million [3] - The company faced a decline in the total defined market for its products, attributed to food inflation and constrained consumer income [3] Strategic Initiatives - Libstar plans to implement a shared-services framework for its ambient products business, focusing on wet condiments [4] - Changes are expected in the retail, snacks, and spreads divisions, with plans to combine Rialto, Ambassador Foods, and Cape Coastal Honey [5] - Despite macroeconomic challenges, the company remains confident in its brand strength and operational fundamentals [4]

Mergers & Acquisitions - Primary Health Properties prevailed in a takeover battle for rival landlord Assura [1] - Assura shareholders rejected a cash offer from private equity [1] - Shareholders favored remaining invested in a UK public company [1]

Mergers and Acquisitions - UK companies, including Burberry, are identified as potential takeover targets among European firms [1]

Mergers and Acquisitions - Legendary, the studio behind Dune and A Minecraft Movie, is considering acquiring Lionsgate Studios [1]

Mergers and Acquisitions - Legendary, the independent film and TV studio, is considering acquiring Lionsgate Studios [1] Industry Focus - Legendary is known for producing the Dune trilogy and A Minecraft Movie [1]

Mergers & Acquisitions - Performance Food 受到 US Foods 的收购意向 [1]

Performance Food Is Said to Draw Takeover Interest From US Foods. Get caught up on the day's gainers and decliners on the latest Stock Movers report https://t.co/xOVDYAcCth ...

Shares in AES Corp. are jumping in early trading Wednesday as the renewable energy firm reportedly explores selling itself, among other options, as it faces takeover interest. https://t.co/aF5xjKrl5o ...

Mergers and Acquisitions - Monte Paschi is preparing to launch a hostile takeover bid for Mediobanca later this month [1] - The takeover aims to create Italy's third-largest bank [1] - The bid has received regulatory approval [1]