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Deals of the day-Mergers and acquisitions

Published 07/06/2018, 10:12 pm
Updated 08/06/2018, 09:10 am
© Reuters.  Deals of the day-Mergers and acquisitions

June 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1200 GMT on Thursday:

** Japan's Fujifilm Holdings Corp 4901.T said it may have no choice but to abandon a $6.1 billion merger with Xerox Corp (NYSE:XRX) XRX.N if there is no progress in talks with the U.S. firm's new board for about half a year. U.S. insurer AmTrust Financial Services Inc AFSI.O agreed to be acquired by a group of investors for a sweetened deal value of $2.95 billion, that helped secure the support of dissenting shareholder Carl Icahn. Botswana Diamonds BODP.L wants to buy liquidated BCL Mine's shares in a diamonds exploration joint venture project, its managing director said. ** Ford F.N plans to close its Blanquefort gearbox plant in southwestern France if no buyer can be found for the site, which employs 900 workers, the U.S. carmaker said. Zhejiang Geely Holding Group and Tencent Holdings Ltd 0700.HK have won a bid to acquire a 49-percent stake in a subsidiary of state-owned China Railway Corp, Geely said. Vienna Insurance Group VIGR.VI said it bought German peer Gothaer Finanzholding AG's Polish unit. Russia's second-largest lender VTB VTBR.MM is interested in buying smaller rival Vozrozhdenie bank VZRZ.MM and could complete a deal in the third quarter, VTB Chief Executive Officer Andrei Kostin said. Johnson & Johnson (NYSE:JNJ) JNJ.N said on Wednesday that Fortive Corp FTV.N had offered to buy its medical sterilization unit for about $2.7 billion in cash.

** Billionaire investor Carl Icahn has acquired a small stake in Allergan (NYSE:AGN) Plc AGN.N at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter said on Wednesday. Delivery Hero DHER.DE , a German online food delivery platform, is open for possible takeovers, Chief Executive Officer Niklas Ostberg said. Australia's Fortescue Metals Group FMG.AX said it has built up a 19.9 percent interest in small iron ore miner Atlas Iron Ltd AGO.AX , giving it a large enough stake to block a takeover of Atlas by Mineral Resources Ltd MIN.AX .

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