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Deals of the day-Mergers and acquisitions
Aug 9, 2024 2:57 AM

Aug 9 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** Britain's largest investment platform Hargreaves Lansdown

agreed to a 5.4 billion pound ($6.9 billion) takeover

by an international consortium, which is betting on grabbing

market share in the competitive UK wealth market.

** Rupert Murdoch's News Corp ( NWSA ) said it may sell

Australian cable TV and streaming unit Foxtel after receiving an

approach, a deal that would end its involvement in a

high-overhead asset that has struggled to adapt to the Netflix ( NFLX )

era.

** The investment firm that owns Les Schwab Tire Centers is

exploring options including a sale of the tire retail chain that

could value it at more than $7 billion, including debt, people

familiar with the matter said on Thursday.

(Compiled by Rajarshi Roy in Bengaluru)

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