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Deals of the day-Mergers and acquisitions

Published 2017-10-10, 09:39 a/m
Deals of the day-Mergers and acquisitions
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Oct 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** JPMorgan Chase & Co (NYSE:JPM) JPM.N and Temasek Holdings TEM.UL have led a $100 million investment in Bill.com, a Palo Alto, California-based company that helps business digitize their payments.

Brookfield Asset Management's BAMa.TO Public Securities Group (PSG) has agreed to buy Center Coast Capital Holdings (CCC), an energy infrastructure-focused investment firm, for an undisclosed amount, according to a statement.

EU antitrust regulators are expected to clear without conditions Italian infrastructure group Atlantia's ATL.MI bid for Spanish Abertis ABE.MC to create the world's largest toll-road operator, three sources with knowledge of the matter said.

Pharmacy benefit manager Express Scripts ESRX.O said it would buy privately held eviCore healthcare for $3.6 billion to gain access to the company's medical benefits management platform.

Pfizer PFE (NYSE:PFE).N said it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth as much as $14 billion up for grabs.

The Finnish government fully supports state-controlled utility Fortum's FORTUM.HE bid for Uniper UN01.DE despite the German firm's investment in Russia's Nord Stream 2 gas pipeline, Economy Minister Mika Lintila said.

Air France AIRF.PA signed a new joint venture deal with Vietnam Airlines HVN.HNO and said it was in advanced talks with India's Jet Airways JET.NS over a partnership as part of efforts to boost its long-haul network.

Russian tycoons Mikhail Prokhorov and Viktor Vekselberg are selling a 3-percent stake in Russian aluminium giant Rusal 0486.HK via accelerated bookbuilding (ABB), one of their bookrunners said.

Honeywell International Inc (NYSE:HON) HON.N unveiled a corporate makeover that ties its growth more strongly to aerospace technology - the opposite of what activist investor Third Point Capital has urged since April. China Power International Development Ltd 2380.HK said it would buy clean energy assets from its state-owned parent State Power Investment Corp (SPIC) for 4.97 billion yuan ($750.4 million), accelerating a push away from coal-fired generation.

Italian utility Enel ENEI.MI said it had sold a 10 percent stake in Indonesian coal producer PT Bayan Resources Tbk for $85 million in cash.

Whitbread's WTB.L Costa coffee chain is buying the 49 percent of a joint venture in south China held by Yueda Group to bolster its presence in the country, the British firm said.

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