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Deals of the day- Mergers and acquisitions

Published 20/11/2015, 08:02 am
Updated 20/11/2015, 08:02 am
© Reuters.  Deals of the day- Mergers and acquisitions

(Adds Pfizer , Vivendi , NextEra, Clarion Partners)

Nov 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** Pfizer Inc (N:PFE) PFE.N and Allergan (N:AGN_pa) Plc AGN.N are in final stages of talks over an all-stock deal, CNBC tweeted, citing sources. urn:newsml:reuters.com:*:nL1N13D2XA

Pfizer is negotiating a break-up fee in the range of 2-3 percent of the value of its roughly $150 billion potential acquisition of Allergan, proportionally in line with other deals, people familiar with the matter said. urn:newsml:reuters.com:*:nL1N13E1TU

** Activist investor Starboard Value LP asked Yahoo Inc YHOO.O to drop plans to sell its stake in Alibaba (N:BABA) Group Holdings Ltd BABA.N due to tax concerns, and instead urged the company to sell its core search and display advertising businesses. urn:newsml:reuters.com:*:nL3N13E3SN

** European Union antitrust regulators have extended by a month the deadline for a decision on U.S. drinks can maker Ball Corp's BLL.N proposed 4.43-billion-pound ($6.76 billion)takeover of British peer Rexam REX.L . urn:newsml:reuters.com:*:nL8N13E2R7

** European media group Vivendi VIV.PA has raised its stake in video games maker Gameloft SE GLFT.PA , taking its shares in the company to over 17 percent, French market regulator AMF said. urn:newsml:reuters.com:*:nL8N13E4OZ

** Chipmaker Dialog Semiconductor DLGS.DE said its shareholders had approved the $4.6 billion acquisition of U.S. peer Atmel ATML.O . urn:newsml:reuters.com:*:nFWN13E01O

** U.S. money wiring giant Western Union Co WU.N said it made an informal offer to buy Australian online rival OzForex Group Ltd OFX.AX for A$888 million ($632 million), aiming to boost its access to one of the world's biggest cash transfer markets. urn:newsml:reuters.com:*:nL3N13D5QD

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** A U.S. bankruptcy judge rebuffed an attempt by NextEra Energy Inc (N:NEE) to involve itself once more in Energy Future Holdings Corp's Chapter 11 sale of its power distribution business. urn:newsml:reuters.com:*:nL1N13E1DY

** Private equity firm Lightyear Capital is looking to sell its majority stake in real estate investment manager Clarion Partners LLC for around $800 million, people familiar with the sales talks said this week. urn:newsml:reuters.com:*:nL1N13C2R8

** Canadian planemaker Bombardier Inc BBDb.TO said Caisse de depot et placement du Quebec, which manages Quebec's public pension plans, would buy a 30 percent stake in its rail unit for $1.5 billion. urn:newsml:reuters.com:*:nL3N13E3DL

** Delta Air Lines Inc (N:DAL) DAL.N said it intended to buy up to an additional 32 percent of Grupo Aeromexico SAB de CV AEROMEX.MX , in what could be a nearly $600 million cash deal that strengthens its grip on a fast-growing market. urn:newsml:reuters.com:*:nL1N13D32A

** Pericom Semiconductor Corp PSEM.O rejected Montage Technology Group Ltd's raised $442 million offer, although it trumped a rival bid from Diodes Inc DIOD.O , citing regulatory hurdles and a lack of committed financing. urn:newsml:reuters.com:*:nL3N13D5II

** German cooperative lenders DZ Bank and WGZ Bank have agreed in principle on a merger creating the country's fourth-largest lender behind Deutsche Bank AG DBKGn.DE , Commerzbank AG CBKG.DE and KfW KFW.UL with roughly 500 billion euros ($534 billion) in assets. urn:newsml:reuters.com:*:nF9N13401X

** Media group Burda is selling 854,000 shares in Zooplus AG ZO1G.DE as it continues selling down its stake in the online pet supplies store, a person familiar with the matter told Reuters. The price guidance is 125 euros a share, source told. urn:newsml:reuters.com:*:nFWN13E005

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** Blackstone (N:BX) Group LP's BX.N credit investment arm GSO said it was not looking to invest in solar company SunEdison Inc SUNE.N , which is facing concerns on Wall Street about its access to capital. urn:newsml:reuters.com:*:nL1N13D2VR

** Telekom Austria AG's TELA.VI Serbian unit Vip mobile has bought additional capacity on the 800-megahertz spectrum for 35 million euros ($37.4 million) to expand its network for high-speed mobile internet in rural areas, it said. urn:newsml:reuters.com:*:nL8N13E2I8 ($1 = A$1.41) ($1 = 0.93 euros) ($1 = 0.65 pounds)

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