October 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Lloyds Banking Group ( LYG ) said it would buy out
Schroders' ( SHNWF ) 49.9% stake in the wealth joint venture
formed by the two firms in 2019.
** SoftBank's payments app operator PayPay Corp has
acquired a 40% equity stake in Binance Japan, the Japanese
subsidiary of Binance said, without disclosing details of the
transaction.
** Saudi Aramco said it had completed the acquisition
of a 22.5% stake in its refining and petrochemicals joint
venture Petro Rabigh from Japan's Sumitomo Chemical ( SOMMF )
for 2.63 billion riyals ($701.8 million), part of a
turnaround plan for the loss-making venture.
** Brown & Brown (Europe) has acquired the entire share capital
of UK digital insurance broker All Medical Professionals Limited
(AMP).
(Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)