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Deals of the day-Mergers and acquisitions
Sep 20, 2024 3:03 AM

Sept 20 (Reuters) - The following bids, mergers, acquisitions and disposals were

reported by 0930 GMT on Friday:

** Austria's Raiffeisen Bank International will exit the Belarusian market with

the sale of Priorbank JSC, it said, announcing an agreement with Soven 1 Holding Limited, which

will buy the bank's 88% stake in the business.

** Taiwan's CTBC has dropped its bid to acquire rival Shin Kong, the

financial conglomerate said, citing objections from regulators.

** U.S. IT communications specialist Viavi Solutions is considering whether it could make

another bid for telecoms testing group Spirent Communications if a takeover by its rival

Keysight Technologies fails, sources familiar with the matter said.

** Lottomatica shareholder Gamma Intermediate completed the sale of a 6% stake in

the group at a price of 11.10 euros per share ($12.39) through an accelerated bookbuilding

launched late on Thursday, the Italian betting firm said.

** French bank Societe Generale said it had reached a deal with Atlantic

Financial Group for the sale of a 57.93% stake in its Guinean unit.

(Compiled by Rajarshi Roy and Ananta Agarwal in Bengaluru)

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