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Deals of the day- Mergers and acquisitions

Published 2016-02-03, 04:00 p/m
© Reuters.  Deals of the day- Mergers and acquisitions
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(Adds Lowe's, BBA Aviation, Credit Suisse )
Feb 3 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Wednesday:

** China's state-owned ChemChina will make an agreed $43
billion bid for Swiss seeds and pesticides group Syngenta AG
SYNN.VX , the companies said on Wednesday, marking the largest
ever overseas acquisition by a Chinese firm. U.S. home improvement retailer Lowe's Cos Inc LOW.N
agreed to buy Canada's Rona Inc RON.TO for C$3.2 billion
($2.28 billion), winning over Rona's board with a far higher
offer than an unsolicited bid more than three years ago that was
opposed by the company and Quebec politicians. Yahoo Inc YHOO.O said on Tuesday it would consider
"strategic alternatives" for its core Internet business and cut
about 15 percent of its workforce, even as it continues with its
plan to revamp the business and spin it off. British aircraft services company BBA Aviation Plc
BBA.L has won U.S. antitrust approval to buy U.S. competitor
Landmark Aviation LNDAV.UL , the Justice Department said on
Wednesday. The deal was valued at $2.065 billion when it was
announced in September. Wells Fargo (N:WFC) & Co WFC.N denied it was in talks to buy
assets from Swiss lender Credit Suisse CSGN.VX . "There is no
truth to the rumor being reported," Wells Fargo spokeswoman
Elise Wilkinson said. Australian investment fund QIC Ltd QINVE.UL said on
Wednesday it has agreed to buy a majority stake in a U.S.
shopping center and other development rights, in a deal valued
at about $750 million. French water and waste group Veolia Environnement Ve Sa
VIE.PA said it bought U.S. nuclear waste clean-up company
Kurion for $350 million as it chases a slice of a market seen
worth $210 billion over the next 15 years. French insurer AXA SA AXAF.PA said on Wednesday it
reached a deal with OTP Bank Nyrt OTPB.BU to sell its
Hungarian banking operations as its AXA Bank Europe unit focuses
on the Belgian retail market. Mercator Solutions, a technology services company backed
by private equity firm Warburg Pincus WP.UL , is in talks with
two or three companies about potential acquisitions, its chief
executive told Reuters in an interview.

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