July 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:
** Macy's has ended its buyout discussions with
Arkhouse Management and Brigade Capital, saying that their
raised offer lacked the certainty of financing and did not
provide compelling value, sending its shares down 15% in early
trading.
** Cleveland-Cliffs ( CLF ) said it will buy Canadian peer
Stelco Holdings ( STZHF ) for C$3.85 billion ($2.8 billion),
marking its first acquisition since a failed bid for rival U.S.
Steel last year.
** Dutch company Yandex NV ( YNDX ) said it had finalised
the divestment of its Russia-based technology assets to a
consortium of Russian investors in a cash and shares deal worth
around $5.4 billion.
** European aerospace groups Airbus and Thales
are exploring a tie-up of at least part of their space
activities, two industry sources said, confirming a report by
French business paper La Tribune.
** Google parent Alphabet is in advanced talks to
acquire cybersecurity startup Wiz for roughly $23 billion, a
person familiar with the matter said on Sunday, in a deal that
would represent the technology giant's biggest acquisition ever.
(Compiled by Rajarshi Roy and Pritam Biswas in Bengaluru)