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Deals of the day-Mergers and acquisitions

Published 2018-01-22, 06:55 a/m
© Reuters.  Deals of the day-Mergers and acquisitions

Jan 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1145 GMT on Monday:

** Celgene Corp CELG.O said it agreed to buy rest of Juno Therapeutics Inc JUNO.O for about $9 billion in cash to gain access to Juno's pipeline of CAR-T cancer drugs.

The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's AVGO.O $103 billion hostile bid for Qualcomm Inc QCOM.O, Broadcom said in a statement.

A move that could indicate heightened antitrust scrutiny Canadian marijuana producer Aurora Cannabis Inc ACB.TO is in talks with rivals CanniMed Therapeutics Inc CMED.TO and Newstrike Resources Ltd HIP.V to buy both businesses in a friendly deal that would create the nation's top weed company, people familiar with the matter told Reuters.

Seven & i Holdings Co Ltd 3382.T, the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some of its stores in its proposed $3.3-billion acquisition of 1,100 Sunoco LP SUN.N outlets.

The U.S. Federal Trade Commission said Buyout firm Vintage Capital Management LLC has agreed not to raise its stake in its acquisition target Rent-A-Center Inc RCII.O or seek to gain control of its board as they talk about a potential deal.

The furniture retailer said Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.

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Top U.S. grain merchant Archer Daniels Midland Co ADM.N has proposed a takeover of Bunge Ltd BG.N, according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc GLEN.L.

India's biggest explorer Oil and Natural Gas Corp (ONGC) ONGC.NS has agreed to buy the government's majority stake in state-refiner Hindustan Petroleum Corp HPCL.NS for 369 billion rupees ($5.78 billion), ONGC said.

Dutch Takeaway.com TKWY.AS sees a merger with German peer Delivery Hero DHER.DE as a possibility in a potential consolidation of the European meal delivery market.

Chief Executive Jitse Groen told a German daily Israel's Enlight Renewable Energy ENLT.TA said it is in negotiations to buy the rights to a 105-megawatt wind energy project in central Europe that is in an advanced stage of development.

Wal-Mart Stores Inc (NYSE:WMT) WMT.N is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said.

Investor Carl Icahn and Darwin Deason, the biggest- and third-largest shareholders of Xerox Corp (NYSE:XRX) XRX.N, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, the Wall Street Journal reported.

French healthcare group Sanofi SASY.PA has agreed to buy U.S. haemophilia specialist Bioverativ BIVV.O for $11.6 billion, its biggest deal for seven years, which it said would strengthen its presence in treatments for rare diseases.

Pou Sheng International (Holdings) Ltd 3813.HK said it had got a proposal from its Taiwanese parent Pou Chen Corp 9904.TW to be taken private in a deal valuing the firm at $1.4 billion, sending shares in the Chinese sportswear retailer up 31 percent.

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Chinese conglomerate Cedar Holdings Group has shown interest in buying Singapore's troubled commodities trader Noble Group NOBG.SI, Bloomberg reported citing people familiar with the matter.

Oil and gas exploration company Angus Energy ANGSA.L has agreed to acquire a 25-percent interest in Cuadrilla's U.K. licence for onshore oil exploration at the Balcombe Field discovery in West Sussex, shale oil and gas developer Cuadrilla said.

NMC Health NMC.L has made two acquisitions worth $207 million, the London-listed and United Arab Emirates-based health-care provider said.

South African retailer Steinhoff SNHJ.J, SNHG.DE plans to sell about 7.5 billion rand ($620 million) of shares in investment firm PSG Group PSGJ.J as it scrambles to plug a liquidity gap after it disclosed "accounting irregularities."

Luxury goods maker Richemont CFR.S offered up to 2.8 billion euros ($3.42 billion) to take full control of Yoox Net-A-Porter (YNAP) YNAP.MI in a bid to expand the online retailer as competition for online sales of high-end products grows.

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