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Deals of the day-Mergers and acquisitions

Published 2018-04-27, 04:02 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

April 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Boeing (NYSE:BA) Co BA.N is nearing a deal to buy aerospace parts company KLX Inc KLXI.O to expand into the aircraft-services business, the Wall Street Journal reported on Friday, citing people familiar with the matter.

E.ON EONGn.DE published its 5.2 billion euro ($6.28 billion) takeover offer for a minority stake in German energy group Innogy IGY.DE, part of a plan to break up the RWE RWEG.DE subsidiary.

Japan's Fujifilm Holdings Corp 4901.T and U.S. firm Xerox Corp (NYSE:XRX) XRX.N have reopened talks on their $6.1-billion merger and are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms.

Chinese authorities have given the green light for Zhejiang Geely Holding's purchase of an 8.2 percent stake in Swedish truckmaker AB Volvo VOLVb.ST, Swedish public service radio cited a Geely senior executive as saying.

Square Inc (NYSE:SQ) SQ.N, the payments company led by Twitter Inc (NYSE:TWTR) TWTR.N Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said.

Japan's Kobe Steel Ltd 5406.T said it will sell 75 percent of its stake in its real estate unit to two Japanese real estate firms for 74 billion yen ($678 million).

Swedish engineering group Sandvik SAND.ST said on Friday it would buy French software company Metrologic Group for 360 million euros ($435 million) on a cash and debt-free basis to boost its digital manufacturing capabilities.

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The United Arab Emirates satellite operator Yahsat said it reached a deal to acquire a majority stake in fellow operator Thuraya.

National Bank of Greece NBGr.AT , the country's second-largest lender by assets, said it would continue the process for the sale of its wholly-owned insurance subsidiary National insurance.

Canadian miner Agnico Eagle Mines Ltd AEM.TO said it is planning to divest all of its cobalt assets in Canada and that it sold some gold interests in the United States. U.S. wireless carriers T-Mobile US Inc TMUS.O and Sprint Corp S.N are finalizing terms as they seek to sign a merger deal in the next three days, people familiar with the matter said.

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