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Deals of the day-Mergers and acquisitions

Published 02/02/2018, 10:14 pm
Updated 02/02/2018, 10:20 pm
© Reuters.  Deals of the day-Mergers and acquisitions

Feb 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday:

** U.S. computer maker Dell Technologies Inc DVMT.N and business software provider VMware Inc VMW.N have decided to explore options that could include a potential merger of the two companies, people familiar with the matter said. Takeover target AWE Ltd AWE.AX has raised concerns over a bid for the company by state-owned China Energy Reserves and Chemical Group (CERCG) with the Australian Government Takeovers Panel, the regulatory body said in a statement. German insurer Allianz SE ALVG.DE entered into an agreement with Janashakthi Insurance Plc JINS.CM to acquire 100 percent of the latter's subsidiary Janashakthi General Insurance Ltd for 16.4 billion rupees ($106.4 million). British aerospace and defence electronics group Cobham COB.L said it has agreed to sell its AvComm and Wireless test businesses to Viavi Solutions VIAV.O for $455 million, as part of the latest stage of a turnaround plan. CBS Corp (NYSE:CBS) CBS.N and Viacom Inc VIAB.O have formed special committees to explore a merger, the companies said on Thursday, the first step in potentially reuniting the companies split by media mogul Sumner Redstone more than a decade ago. Russian anti-monopoly service has allowed the mid-sized gold miner GV Gold to acquire Zoloto Kamchatki and other gold assets from Russian businessman Viktor Vekselberg and his partners, the service said in a statement. Slovenian household appliances maker Gorenje GORE.LJ , looking for a strategic partner to improve cost efficiency and strengthen the brand, expects to receive non-binding offers by March 7, it said. Takeover target AWE Ltd AWE.AX has raised concerns over a bid for the company by state-owned China Energy Reserves and Chemical Group (CERCG) with the Australian Government Takeovers Panel, the regulatory body said in a statement.

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