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Deals of the day-Mergers and acquisitions

Published 24/11/2017, 10:00 pm
© Reuters.  Deals of the day-Mergers and acquisitions
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Nov 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday:

** Russia's anti-monopoly regulator FAS said it had approved a deal to merge the Russian ride-sharing businesses of Yandex YNDX.O and Uber UBER.UL , with certain conditions. William Hill WMH.L said it has held "very preliminary" discussions with Crown Resorts Ltd's CWN.AX online betting unit about a potential merger with the British bookmaker's Australian unit. KKR & Co LP KKR.N has boosted its bid price for Hitachi Kokusai Electric Inc 6756.T for a second time, seeking to appease U.S. activist hedge fund Elliott Management which has bought into the Japanese semiconductor equipment manufacturer. Malaysia's Top Glove Corp Bhd TPGC.KL is planning to acquire the surgical glove producing unit of Adventa Capital Pte Ltd, the company said, for an estimated price of up to 1.44 billion ringgit ($349.60 million). Indonesia's state-owned Enterprise Ministry, tipped to oversee an acquisition of a majority stake in the local unit of Freeport-McMoRan Inc FCX.N , has "no clear structure" yet for the deal, a ministry official said. Polish retail group Emperia EMP.WA said Lithuania's Maxima Grupe will announce a tender on Friday to buy all of Emperia's shares for at least 100 zlotys each, valuing the potential deal at around 1.2 billion zlotys ($337.96 million).

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