June 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Philips shares were up more than 2.5% Wednesday
in the wake of a U.S. Securities and Exchange Commission (SEC)
filing showing Exor, the investment arm of Italy's
Agnelli family, has increased its stake in the Dutch healthcare
technology group.
** Japan's JX Advanced Metals, a unit of Eneos Holdings ( JXHGF )
, said it has agreed to sell an additional 19% stake in
the operator of Caserones copper mine in Chile to Canada's
Lundin Mining ( LUNMF ) for $350 million.
** Nasdaq said it has cancelled plans to sell its
Nordic power trading and clearing business to Europe's biggest
power bourse, the European Energy Exchange (EEX).
** British investment trusts Alliance Trust ( ALITF ) and
Witan have agreed to merge to create a company managing
5 billion pounds ($6.33 billion) of assets, in the latest
example of consolidation in the fund management sector.
** U.S. meal delivery group Doordash ( DASH ) flagged an
interest in a takeover of Britain's Deliveroo ( DROOF ) last
month, two people familiar with the matter told Reuters.
** Investment funds Antin, Cinven, CVC,
KKR and Permira have filed offers to buy Spanish
pharmaceutical company Rovi's third-party
manufacturing business, newspaper Expansion reported citing
unidentified market sources.
** British insurer Phoenix Group Holdings ( PNXGF ) said it
plans to explore a potential sale of its SunLife business.
** Zurich Insurance announced a $600 million deal
to buy AIG's global personal travel insurance and
assistance business.
** Vedanta Resources will sell a 2.6% stake in Indian
metals-to-oil firm Vedanta to a group of institutional
investors, the former said in a statement.
** Investment holding company PCCW ( PCWLF ) said it would
sell a 40% stake in Regional Link Telecom Services through a
unit for $870 million to CM Capital.
** Private equity firm Kimmeridge, through its subsidiary
Kimmeridge Texas Gas, has acquired a 90% stake in proposed U.S.
liquefied natural gas export project Commonwealth LNG, it said
on Tuesday.
(Compiled by Rajarshi Roy and Abhinav Parmar in Bengaluru)