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Deals of the day-Mergers and acquisitions

Published 18/07/2019, 11:22 pm
Deals of the day-Mergers and acquisitions
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(Adds General Atlantic; Updates Vodafone , Stonegate)

July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1300 GMT on Thursday:

** Brussels gave its blessing to Vodafone Group Plc's VOD.L $22 billion purchase of Liberty Global Plc's LBTYA.O cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider. Slug and Lettuce pub chain-owner Stonegate said it agreed to buy larger rival Ei Group EIGE.L for 1.27 billion pounds ($1.58 billion), taking control of some 4,000 additional pubs to become Britain's biggest pub operator. Private equity firm General Atlantic is nearing a deal to acquire a majority stake in Morphe LLC that will value the maker of makeup brushes and eyeshadow palettes at more than $2 billion, including debt, people familiar with the matter said. British media company Reach Plc RCH.L said it was in the early stages of discussions to buy certain assets of JPI Media, which publishes the Yorkshire Post and the Scotsman. Dutch lender Rabobank RABOI.UL and investment firm KKR KKR.N have formed a consortium seeking to buy utility Eneco, the bank said. Australia's LendLease Group LLC.AX said it secured a contract with Alphabet Inc's GOOGL.O Google to develop $15 billion worth of residential and retail space in Silicon Valley, sending the builder's stock to a more than eight-month high.

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