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Deals of the day-Mergers and acquisitions

Published 2019-05-30, 06:15 a/m
Updated 2019-05-30, 06:33 a/m
Deals of the day-Mergers and acquisitions

May 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** Dallas-based Greyhound was put up for sale by Britain's FirstGroup FGP.L as the North American bus line battles to compete with growing pressure from low cost airlines.

Canadian asset manager Brookfield BAMa.TO is close to sealing a deal with U.S. infrastructure fund KKR KKR.N and Spain's Ribera family to buy a 50% stake in solar group X-Elio, according to three sources with knowledge of the matter.

Azerbaijan's SOCAR is interested in buying Russia's Antipinsky oil refinery, although specifics from the Russian side are not known yet, SOCAR's deputy vice president told Reuters.

United Arab Emirates-based GEMS Education has expanded into Saudi Arabia by buying Ma'arif Education Group, the largest private school owner and operator in the kingdom, through a joint venture with Hassana Investment.

Kenya's biggest lender by assets, KCB Group KCB.NR , won shareholder approval for its proposed takeover of National Bank of Kenya (NBK) NBK.NR in a 10-for-1 share swap transaction.

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