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Deals of the day-Mergers and acquisitions

Published 03/01/2018, 10:00 pm
Updated 03/01/2018, 10:30 pm
© Reuters.  Deals of the day-Mergers and acquisitions

Jan 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday:

** Ant Financial's plan to acquire U.S. money transfer company MoneyGram International Inc MGI.O collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump. A German court is likely to decide on Thursday whether to reverse the insolvency filing of airline Niki, according to a statement from Berlin's civil courts, which could derail the sale of the Air Berlin AB1.DE unit to Britain's IAG ICAG.L . Kenya's telecoms regulator has ditched a proposal to break Safaricom SCOM.NR up into separate telecoms and financial services businesses due to its dominant size, Kenya's Business Daily newspaper said. Tie-up talks between Boeing (NYSE:BA) Co BA.N and Embraer SA EMBR3.SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report. Fortuna Entertainment Group's FORE.PR majority shareholder, Fortbet Holdings Limited, will launch an offer for the company at 182.50 crowns per share, the Czech betting company said. Qatar Re, a unit of Qatar Insurance QINS.QA , has agreed to buy UK motor insurer Markerstudy's underwriting businesses for an undisclosed sum, Markerstudy said. Australia's DuluxGroup Ltd DLX.AX said its majority-owned joint venture company DGL Camel International has agreed to sell most of its coatings business in Hong Kong and China to Yip's Chemical Holdings Ltd 0408.HK .

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