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Deals of the day-Mergers and acquisitions

Published 2016-07-20, 06:41 a/m
© Reuters.  Deals of the day-Mergers and acquisitions
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July 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

** Bookrunner Goldman Sachs (NYSE:GS) says Sapinda Investment intends to sell up to 18.5 million shares in Austrian real estate group Buwog BWOA.VI , representing around 18.6 percent of Buwog's share capital. Plane manufacturer Airbus Group AIR.PA and French aero engine and equipment maker Safran SAF.PA won EU antitrust approval for their acquisition of rocket operator Arianespace after agreeing to measures to prevent exchange of sensitive data. French video games maker Ubisoft UBIP.PA is confident that a majority of shareholders will back its independence from media giant Vivendi VIV.PA , Chief Financial Officer Alain Martinez said on Tuesday. Lufthansa's LHAG.DE budget unit, Eurowings, which it sees as a tool for consolidation among European airlines, is considering acquiring some of loss-making rival Air Berlin's AB1.DE routes, German daily Handelsblatt reported, citing sources. Unilever Plc ULVR.L said it has agreed to buy U.S.-based men's grooming brand Dollar Shave Club in a deal that would expand the consumer goods group's catalogue of personal care products. A group of a dozen investors, most of which are creditors and shareholders of Oi SA OIBR4.SA , have contacted investment bank Abadi & Co Global Markets Inc to help structure a potential takeover bid for the bankrupt Brazilian phone carrier, two sources directly involved in the matter said on Tuesday. Brazil's state-controlled Petróleo Brasileiro SA PETR4.SA is inclined to restart the process of selling part of BR Distribuidora SA, a source with direct knowledge of the matter said, as a recent bidding round put a low price tag on the fuel distribution unit. Three initial offers on Odebrecht SA's ODBES.UL 55 percent stake in a $5 billion natural gas pipeline contract in Peru were rejected by the banks that would finance the project, a Peruvian business news website reported on Tuesday. Lundin Mining Corp LUN.TO has been granted an extension until Sept. 15 to make a bid for Freeport-McMoRan Inc's FCX.N stake in the Tenke Fungurume mine in the Democratic Republic of Congo, Lundin said on Tuesday. The previous deadline was Aug. 8. Finnish crane maker Konecranes KCR1V.HE said on Wednesday it has offered to sell Germany-based crane component maker Stahl to win EU approval for its proposed $1.3 billion euro acquisition of Terex Corp's TEX.N cranes business for ports and factories. UBI Banca UBI.MI has never considered buying Antonveneta from Monte dei Paschi di Siena BMPS.MI , a spokesman for the Italian bank said on Wednesday, denying a press report. China's Midea Group Co Ltd 000333.SZ said it obtained 85.7 percent of shares in German industrial robot maker Kuka KU2Gn.DE in its 4.5 billion euros takeover bid, which expired on Friday. Total SA TOTF.PA is unlikely to take on ExxonMobil XOM.N in a bidding war for explorer InterOil Corp IOC.N for $2.2 billion, the French giant's partner in a rich gas field in Papua New Guinea, analysts said on Wednesday.

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