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Deals of the day-Mergers and acquisitions

Published 2018-06-11, 04:04 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Fortum , Neuberger Berman, Stryker , Carrefour , Ivanhoe; Updates Pebblebrook, Rockwell Automation (NYSE:ROK), Envision Healthcare)

June 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** KKR & Co KKR.N said it will buy Envision Healthcare Corp EVHC.N , one of biggest U.S. providers of physicians to hospitals, in a deal valued at $5.57 billion as it builds up its healthcare portfolio. Factory automation equipment maker Rockwell Automation ROK.N said it would buy an 8.4 percent stake in PTC PTC.O for $1 billion as it looks to build on its software capabilities to make smarter manufacturing processes for customers. A group of Takeda Pharmaceutical Co Ltd 4502.T shareholders is trying to build support to block the $62 billion acquisition of London-listed Shire Plc SHP.L at an extraordinary general meeting, a leading member of the group told Reuters. Medical device maker Stryker Corp (NYSE:SYK) SYK.N has made a takeover approach to rival Boston Scientific Corp (NYSE:BSX) BSX.N , the Wall Street Journal reported, a combination that would give Stryker a strong position in stroke-preventing heart products. Workday Inc WDAY.O said it would buy Adaptive Insights Inc in a deal valued at $1.55 billion, paying a hefty premium for the cloud-based company that was expected to go public this week. Pebblebrook Hotel Trust PEB.N raised its offer to buy fellow U.S. hotel owner LaSalle Hotel Properties LHO.N , seeking to scuttle Blackstone (NYSE:BX) Group LP's BX.N $3.7 billion deal with the company. WeBuyAnyCar owner BCA Marketplace BCA.L said it had rejected a preliminary 1.6 billion pound ($2.15 billion) cash takeover offer from London-based private equity firm Apax Partners. Rent-A-Center Inc RCII.O said it received an increased offer to acquire the company from one of the suitors that was involved in its sale process, hours after the rent-to-own furniture retailer said it ended its strategic review. A unit of Chinese state-run conglomerate CITIC Ltd 0267.HK will buy a near 20 percent stake in Canada's Ivanhoe Mines IVN.TO for about C$723 million ($555 million), the companies said. Mars Petcare is to buy European animal hospital operator AniCura, its second such deal this month, as the world's largest pet food maker expands its veterinary business amid a boom in pet-related spending. Qatar's Commercial Bank (CBQ) COMB.QA said on Sunday it has ended talks with United Arab Emirates-based Tabarak Investment to buy its 40 percent stake in United Arab Bank UAB.AD , after the pair failed to agree terms. U.S.-based investment firm Neuberger Berman LLC is close to acquiring a 25 percent stake in Brazilian college Uniasselvi for $100 million, one source with knowledge of the matter told Reuters. A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group's OWREAC.UL purchase of insurer Genworth Financial (NYSE:GNW) GNW.N , the two companies said on Saturday. Internet Gold - Golden Lines IGLD.TA said on Sunday it was considering offers to sell part or all of its shares in B Communications BCOM.TA , through which it controls Israel's largest telecoms group, Bezeq BEZQ.TA . Germany's Fresenius Medical Care (FMC) FMEG.DE has agreed to take a $150 million stake in U.S. tissue engineering firm Humacyte Inc and will become the exclusive distributor of the company's bioengineered blood vessels once they win approval. Finnish utility Fortum FORTUM.HE is set to gain unconditional EU approval to acquire a 46.65 percent stake in German energy group Uniper UN01.DE from E.ON EONGn.DE , three people familiar with the matter said. France's largest food retailer Carrefour CARR.PA is teaming up with Google GOOGL.O to boost its online shopping business on its home turf, where rivals are also launching e-commerce offensives.

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