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Deals of the day-Mergers and acquisitions

Published 2017-12-18, 05:30 a/m
© Reuters.  Deals of the day-Mergers and acquisitions
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Dec 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** A unit of Thai Beverage TBEV.SI won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco SAB.HM in the country's biggest ever privatization process, an official from the Ho Chi Minh City Stock Exchange said.

Australia's Aconex Ltd ACX.AX said it had received a A$1.56-billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp (NYSE:ORCL) ORCL.N, sending the target's share price up 45 percent.

Hershey Co HSY.N , the maker of Reese's Peanut Butter Cups and Hershey's Kisses, is nearing a deal to buy SkinnyPop parent Amplify Snack Brands BETR.N for $1.6 billion, CNBC reported.

Chinese internet giant Tencent Holdings Ltd 0700.HK said it would lead an $863-million investment in apparel platform Vipshop Holdings Ltd VIPS.N, upping its rivalry in retail with Alibaba (NYSE:BABA) Group Holding Ltd BABA.N .

Real estate group Buwog BWOA.VI has agreed to be taken over by Germany's Vonovia VNAn.DE in a cash deal valuing the Austrian firm at 5.2 billion euros ($6.12 billion), the two companies said.

A receiver of insolvent German airline Air Berlin AB1.DE told a newspaper he is optimistic about the sales process of the airline's subsidiary Niki after a number of would-be investors stepped forward under a fast-approaching deadline.

PetroChina's 0857.HK oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in West Africa, Brazil and Pakistan in a major global expansion aimed at taking on international rivals, according to three senior oil industry executives briefed on the plans.

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Australia and New Zealand Banking Group ANZ.AX said it would start buying back up to A$1.5 billion ($1.15 billion) of its shares on-market, as it begins returning surplus capital to shareholders after a series of divestments.

Blackstone (NYSE:BX) Group BX.N has snapped up an 80 percent stake in property financing company La Trobe Financial for an undisclosed amount, in a move that will help the New York-based investment giant expand in Australia's lucrative mortgage-lending market.

CVS Corp's CVS.N proposed purchase of Aetna Inc (NYSE:AET) AET.N will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc AON.N found.

Aerospace and defense group Thales TCFP.PA has agreed to buy chipmaker Gemalto GTO.AS for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos ATOS.PA to expand in the fast-growing digital security market.

Idemitsu Kosan's 5019.T founding family, which is locked in a battle with the firm's management over a proposed buyout of a rival, said that it had increased its stake in the Japanese refiner to more than 28 percent.

U.S. health insurer Humana Inc (NYSE:HUM) HUM.N is in advanced talks to acquire acute care provider Kindred Healthcare Inc KND.N in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, a source familiar with the matter said on Sunday.

Statoil STL.OL has bought a stake in one of Brazil's largest oilfields from national oil company Petrobras PETR4.SA for up to $2.9 billion, nearly tripling its production off the South American country, the Norwegian firm said.

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British drugmaker GlaxoSmithKline GSK.L said it has boosted its stake in its Saudi Arabian unit to 75 percent as it seeks to benefit from the kingdom's plan to transform the economy and raise local manufacturing of pharmaceutical products.

A joint venture between Bombardier Inc BBDb.TO and China's CRRC Corp Ltd 601766.SS 1766.HK has won a 1.79 billion yuan ($270.76 million) contract to build a monorail line for a Chinese city, the Canadian transport giant said.

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