July 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Ascential Plc's ( AIAPF ) shares soared over 26% to an
all-time high after events organiser Informa ( IFPJF ) agreed to
buy the owner of the Cannes Lions Festival for 1.2 billion
pounds ($1.55 billion).
** Australia's Peak Rare Earths ( PKREF ) said Chinese miner
Shenghe Resources would acquire a 50% stake in an
U.K.-based firm that owns 84% of its Ngualla project in
Tanzania.
** Robert Bosch has agreed to acquire Johnson Controls' ( JCI )
and Hitachi's ( HTHIF ) residential ventilation
businesses for $8 billion, it said on Tuesday, in what will be
the German engineering group's largest takeover to date.
** Isaac Perlmutter, one of the largest investors in Walt
Disney ( DIS ), has sold his entire stake in the media company
after losing the proxy fight, the Wall Street Journal reported
on Tuesday.
** Israeli cybersecurity startup Wiz has ended talks with
Google-parent Alphabet on a reported $23 billion deal
that would have made it the U.S. tech giant's largest-ever
acquisition, according to a Wiz memo seen by Reuters.
(Compiled by Rajarshi Roy in Bengaluru)