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Deals of the day-Mergers and acquisitions
Jun 6, 2024 3:22 AM

June 6 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** French jet engine maker and defence company Safran

said it had received clearance from Italy to buy

Microtecnica, the company which holds Collins Aerospace's flight

control assets in the country.

** UK's John Wood Group said on Wednesday its board

would discuss with Sidara on a sweetened takeover proposal and

grant the Dubai-based engineering and consulting firm access to

due diligence materials.

** Private equity firm Cinven is in exclusive talks with

Swedish rival EQT to buy Spain's largest online real

estate company Idealista, Spanish newspaper Expansion reported,

citing unidentified market sources.

** Bitcoin miner Riot Platforms ( RIOT ) said on Wednesday

it has acquired ownership of 12% stake in rival Bitfarms ( BITF )

.

** A U.S. judge in North Carolina has denied the U.S.

Federal Trade Commission's request to block Novant Health's $320

million acquisition of two hospitals in the state, a deal the

agency said would lead to higher prices and reduced innovative

care.

** Canadian fuel distributor Parkland said on

Wednesday it would sell its Canadian commercial propane business

to Avenir Energy for about C$115 million ($84.00 million) in

cash amid a push by investors for a strategic review of the

company.

(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)

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