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Deals of the day-Mergers and acquisitions

Published 09/11/2019, 07:53 PM
Updated 09/11/2019, 08:00 PM
Deals of the day-Mergers and acquisitions
CARR
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FER
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LSEG
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CASP
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ATRL
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HBC
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MPI
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SFOR
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Sept 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1100 GMT on
Wednesday:

** Hong Kong Exchanges and Clearing has made an unsolicited
$39 billion takeover bid for the London Stock Exchange LSE.L ,
an offer contingent on the LSE ditching its acquisition of data
company Refinitiv. The Bratislava Stock Exchange is not in talks about a
takeover by the Warsaw bourse, its top shareholder said, denying
a Polish media report. Singapore state investor Temasek Holdings TEM.UL and
buyout firm KKR KKR.N are among the suitors who have advanced
to the second round of an auction to buy into the hospital unit
of Metro Pacific Investments Corp MPI.PS , sources told
Reuters. SoftBank-backed ride hailer Grab is in talks to merge
OVO, an Indonesian digital payments firm in which it owns
shares, with an Ant Financial-backed local peer to build heft
and power ahead of archrival Gojek, people familiar with the
matter said. Carrefour CARR.PA denied it was examining a potential
bid for debt-laden Casino CASP.PA , after BFM TV reported the
French retailer was weighing up an all-share offer for its
rival. Martin Sorrell said his new digital advertising company
S4 Capital SFOR.L was increasingly being asked to bid for
major corporate accounts, keeping it on track to double the size
of the company by 2021. A consortium led by South Korea's Mirae Asset Global
Investments said it agreed to buy 15 hotels in the United States
from Chinese troubled insurer Anbang Insurance Group
ANBANG.UL . ** A unit of Spain's Ferrovial S.A. FER.MC is appealing a
Canadian court decision that green-lighted the sale of SNC
Lavalin Group Inc's SNC.TO 10.01% stake in a toll highway for
C$3.25 billion ($2.47 billion), a source and the Montreal-based
company told Reuters on Tuesday. Catalyst Capital Group Inc holds roughly 16% of Hudson's
Bay Co HBC.TO shares after investors took part in its tender
offer, bolstering the buyout firm's position against a
take-private deal, according to a Canadian securities filing
made on Tuesday.

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