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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
Oct 4, 2024 3:48 AM

Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported

by 0930 GMT on Friday:

** Italian pharma group Recordati said it would buy from Sanofi the

global rights to a drug used to treat cold agglutinin disease, a rare autoimmune disorder, for

$825 million, sending both stocks up in early trade.

** U.S. bank JPMorgan Chase & Co ( JPM ) has become a substantial shareholder in Star

Entertainment, an exchange filing showed, as shares of the embattled Australian casino

operator have fallen sharply in last few years amid liquidity issues.

** Private equity firm Apollo Global Management ( APO ) is in talks to acquire Barnes Group ( B )

, a manufacturer of aerospace components with a market value of about $2 billion, people

familiar with the matter said.

** U.S. utility firm Talen Energy ( TLN ) said it has bought TeraWulf's ( WULF ) minority

stake in a 200-megawatt (MW) bitcoin mining facility in Pennsylvania.

** Thomson Reuters ( TRI ), said it was selling its FindLaw business to Internet

Brands.

(Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)

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