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Deals of the day-Mergers and acquisitions

Published 11/10/2018, 07:00 am
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds CVS, TransDigm Group, Revolution Bars, Mitek, Parkland Fuel, Albertis ; Updates Imperva, Capio)

Oct 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Italy's Atlantia SpA ATL.MI and Spain's Acs Actividades de Construccion y Servicios SA ACS.MC will finalize their purchase of Abertis in the coming weeks, three sources close to the matter said, dismissing concerns the deal could fall apart after a bridge operated by an Atlantia business collapsed. Parkland Fuel Corp PKI.TO , a Canada-based marketer of petroleum products, said it would buy a 75 percent stake in privately held SOL Investments Ltd for C$1.57 billion ($1.21 billion) to expand further in the U.S. Gulf and the Atlantic coast. Pharmacy chain CVS Health Corp (NYSE:CVS) CVS.N won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc (NYSE:AET) AET.N , the Justice Department said, paving the way for a combination with potential to cut U.S. healthcare costs. Buyout firm Thoma Bravo LLC has agreed to buy Imperva Inc IMPV.O for $2.1 billion in cash, adding the cybersecurity firm to its technology-heavy investment portfolio, the company said. Aircraft parts supplier TransDigm Group Inc TDG.N has agreed to buy smaller rival Esterline Technologies Corp ESL.N for about $3.6 billion in its biggest-ever deal, as it seeks the heft to compete with Boeing (NYSE:BA) Co BA.N and Airbus SE AIR.PA in after-sales servicing. Britain's Revolution Bars Group RBG.L ended talks to buy nightclub operator Deltic Group, saying a deal would not be in the best interests of its shareholders. Mitek Systems Inc MITK.O , a U.S. provider of financial technology to banks, has rejected a takeover approach from hedge fund Elliott Management Corp's software company ASG Technologies Group Inc ALLRZ.PK , people familiar with the matter said. U.S. oil firm Chevron (NYSE:CVX) CVX.N will become the first oil major to formally exit the Norwegian continental shelf, as it transfers its last stake in an exploration license, according to a government letter. South Korea's Lotte Corp 004990.KS said it planned to take a stake in Lotte Chemical 011170.KS for 2.2 trillion won ($1.93 billion) from two affiliates to improve its governance and efficiency. Leading shareholders in Sweden's Capio CAPIO.ST swung behind a $900 million takeover bid from France's Ramsay Generale de Sante GDSF.PA , paving the way for a deal to go through after the board backed it. FamilyMart Uny Holdings Co 8028.T is considering selling the rest of its Uny general merchandise store unit to discount retailer Don Quijote Holdings Co 7532.T , Nikkei Business magazine reported. Japan's SoftBank Group Corp 9984.T is in talks to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup. Shares in Alps Electric Co 6770.T rose as much as 2.8 percent after a regulatory filing a day earlier showed U.S. hedge fund Elliott Management Corp had boosted its stake in the company to 9.22 percent from 6.26 percent. Australian education provider Navitas Ltd NVT.AX said on Tuesday it had received a A$1.97 billion ($1.4 billion) takeover bid from an Australian private equity firm and the company's co-founder, sending its shares 20 percent higher.

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