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Deals of the day-Mergers and acquisitions

Published 26/06/2020, 11:43 pm
© Reuters.

(Adds Corelogic; Updates Eldorado Resorts)

June 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** Amazon.com Inc AMZN.O has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, the Information reported, citing sources, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology. Bouygues Telecom BOUY.PA will buy out subsidiary Euro-Information Telecom (EIT) and strike a partnership deal with financial group Credit Mutuel to strengthen its presence in the competitive domestic market, the parent firm said. U.S. private equity group Bain Capital said it has agreed with the administrator of Virgin Australia Holdings Ltd VAH.AX to buy Australia's second-biggest airline for an undisclosed sum, banking on an aviation industry recovery. Corelogic Inc CLGX.N shareholders Cannae Holdings Inc CNNE.N and Senator Investment Group LP on Friday made an unsolicited offer to buy the real estate data analytics company in a deal valued at about $7 billion. U.S. regulators said Eldorado Resorts Inc ERI.O must sell two of its properties as a condition of its merger with Caesars Entertainment Corporation CZR.O to settle charges that the deal was anticompetitive.

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