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Deals of the day-Mergers and acquisitions

Published 2018-04-04, 04:29 p/m
Updated 2018-04-04, 04:29 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds C&C, Nordex , DNO, HyperBlock Technologies)

April 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Amazon.com Inc AMZN.O may make a rival offer to buy Indian ecommerce firm Flipkart, which is in tie-up talks with Walmart (NYSE:WMT) Inc WMT.N , local media reported, as the two U.S. retail giants jostle for dominance in India's booming online industry. Goldman Sachs Group Inc (NYSE:GS) GS.N on Tuesday appointed Colin Ryan, one of its top investment bankers in its technology, media and telecom group in San Francisco, as co-head of mergers and acquisitions in the Americas. Israeli energy firm Delek Group DLEKG.TA said on Wednesday it agreed to sell its entire 15.3 percent stake in Faroe Petroleum PLC FPM.L for 70.44 million pounds ($99.1 million) in cash. Meituan Dianping, China's largest provider of on-demand online services, is buying bike-sharing firm Mobike for $2.7 billion, in a deal that will spur rivalry of their common backer Tencent Holdings 0700.HK with Alibaba (NYSE:BABA) Group BABA.N . Saputo Inc SAP.TO won approval on Wednesday from Australia's competition regulator for the planned $1 billion takeover of the country's largest dairy processor, Murray Goulburn Co-operative, after the Canadian company agreed to sell a key asset. Norwegian oil firm DNO DNO.OL , which bought a 15.4 percent stake in Faroe Petroleum FPM.L , said after market close that it aims to further raise its holdings in the British company to around 25 percent. Canadian technology company HyperBlock Technologies Corp said it reached an agreement to acquire crypto-currency mining firm CryptoGlobal Corp CPTO.V in an all-stock deal valued at C$106 million. Irish cider maker C&C GCC.I bought the wholesale arm of troubled British drinks firm Conviviality CVRC.L for a nominal fee, safeguarding most of the jobs threatened by the parent company's expected collapse. Jan Klatten, the husband of Germany's richest woman, has slightly increased his stake in German wind turbine maker Nordex NDXG.DE , according to a regulatory filing published by the company. Meituan Dianping, China's top on-demand services platform, said on Wednesday it has agreed to acquire bike-sharing firm Mobike.

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