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Deals of the day-Mergers and acquisitions
Jun 14, 2024 3:34 AM

June 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1000 GMT on Friday:

** Vodafone Group ( VOD ) is looking to sell its entire $2.3

billion stake in India's Indus Towers through stock

market block deals next week, two sources with direct knowledge

said, part of the British firm's effort to repay

debt

** French oil and gas major TotalEnergies will

sell its Brunei business to Malaysian independent exploration

and production firm Hibiscus Petroleum for $259.4

million, both companies said

** Germany's antitrust regulator has cleared plans of Czech

billionaire Daniel Kretinsky's EP Corporate Group to acquire a

stake in Thyssenkrupp's steel division, the agency

said

** Japan's Kirin Holdings ( KNBWF ) said it was offering

220.7 billion yen ($1.4 billion) to acquire the rest of skin

care brand Fancl Corp as the beer maker continues to

pivot toward the health and wellness businesses

** Britain's competition regulator launched a formal

investigation into homebuilder Barratt's 2.52 billion

pound ($3.21 billion) all-stock deal to buy smaller rival Redrow ( RDWWF )

to examine whether it has the potential to hurt

competition

(Compiled by Rajarshi Roy in Bengaluru)

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