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Deals of the day- Mergers and acquisitions

Published 2016-06-08, 05:46 a/m
© Reuters.  Deals of the day- Mergers and acquisitions
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June 8 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 0930 GMT on Wednesday:

** German generic drug maker Stada Arzneimittel AG
STAGn.DE said on Wednesday it had not held talks with private
equity firm CVC Capital Partners CVC.UL over a potential
buyout, denying a media report from two weeks ago. Buyout groups are vying for a stake in German clinic
chain Schoen, expected to value the family-owned company at
roughly 1.5 billion euros ($1.7 billion) as the German market
continues to consolidate, several people familiar with the
matter said. Ousted LendingClub Corp LC.N CEO and co-founder Renaud
Laplanche has been speaking to private equity firms and banks
about financing a potential buyout of the online lender,
according to people familiar with the matter. Yahoo Inc YHOO.O has hired boutique investment bank
Black Stone IP LLC to sell about 3,000 of the internet company's
patents, the Wall Street Journal reported, citing people
familiar with the matter. E.ON SE EONGn.DE Chief Executive Johannes Teyssen asked
shareholders on Wednesday to back the utility's plans to spin
off Uniper, the operator of its conventional energy business,
ahead of a vote at the annual shareholders meeting. CK Hutchison Holdings 0001.HK has offered to strengthen
rivals such as Swisscom's Fastweb in return for EU antitrust
approval for its plan to merge its Italian mobile business with
that of Vimpelcom, a person familiar with the matter said on
Tuesday. Private equity firm Blackstone (NYSE:BX) Group LP BX.N is in
advanced discussions to acquire Acrisure LLC, in a deal that
could value the U.S. insurance brokerage at well over $2
billion, including debt, according to people familiar with the
matter. F5 Networks Inc FFIV.O , a U.S. computer networking
company whose technology helps speed up data center traffic, has
hired investment bank Goldman Sachs Group Inc (NYSE:GS) GS.N following
takeover approaches, people familiar with the matter said.
Hearing aid maker William Demant Holding WDH.CO is
looking for more retail acquisitions to increase control over
the sale of its products and fight competition from discount
chains such as Costco Wholesale Corp COST.O . Reservoir Minerals RMC.V , a small mining company that
is the target of a friendly takeover, said on Tuesday it had
received an unsolicited $130 million financing proposal from
Shandong Xiangguang Group, a China-based shareholder.

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