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Deals of the day-Mergers and acquisitions

Published 03/09/2015, 07:51 pm
Updated 03/09/2015, 07:57 pm
© Reuters.  Deals of the day-Mergers and acquisitions
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Sept 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:

** Swiss agrichemicals group Syngenta AG SYNN.VX plans to sell its vegetable seeds business. The company will consider seeking external partners and investors if it finds it is unable to reach its margin and market-share targets for 2018. ID:nL5N1190BL ID:nFWN11803D

** Lannett Co Inc LCI.N said it would buy Kremers Urban Pharmaceuticals Inc, a U.S. unit of Belgian drugmaker UCB SA UCB.BR , for $1.23 billion to expand its specialty generic drugs portfolio. ID:nL4N1184ZO

** Barclays Plc BARC.L said on Wednesday it would sell its Portugal-based non-core assets to Spain's Bankinter SA BKT.MC for about 175 million euros ($197.47 million), as part of chairman John McFarlane's turnaround plan to sell assets and cut costs. ID:nL4N1184VN

** Struggling New Zealand outdoorwear company Kathmandu Holdings KMD.NZ on Thursday advised its shareholders to reject a takeover offer by Briscoe Group BGR.NZ after Briscoe said it would not be raising its cash and scrip offer price equating to NZ$1.80 per share ($1.14). ID:nL4N11858A

** Eurazeo EURA.PA is investing 20 million euros ($22.57 million) in a 33 million-euro fund raising round by second-hand luxury goods online retailer Vestiaire Collective, giving the French investment fund exposure to a booming market.

** Finnish state investment firm Solidium said on Thursday it could buy more shares in engineering group Metso MEO1V.HE and mining technology company Outotec OTE1V.HE . ID:nL5N11913S

** The Australian government is under fire over proposed changes to the fees charged by its corporate regulator's registry arm ahead of the unit's possible sale, with critics warning against double-dipping and fee-gouging to boost the asset's value. The government is examining a sale of the Australian Securities and Investment Commission's (ASIC) company registry unit, valued at up to A$6 billion ($4.2 billion) depending on the fees it can charge. ID:nL4N119187

($1 = 0.8862 euros) ($1 = A$1.4245) ($1 = NZ$1.5738)

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