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Deals of the day-Mergers and acquisitions
Oct 17, 2024 2:13 PM

Oct 17 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** Schneider Electric will pay about $850 million

for a controlling stake in Motivair Corp, a specialist in liquid

cooling for high-performance computing, the French firm said,

beefing up offerings for rapidly growing data centres.

** Spanish steel maker Sidenor sent a letter stating it was

considering a tender offer for part or all the shares of train

manufacturer Talgo, the latter said late on Wednesday

in a filing to the stock market regulator.

** N Brown Group ( NBRNF ) said its fourth biggest

shareholder Joshua Alliance will buy the British online retailer

for about 191 million pounds ($247.9 million).

(Compiled by Rajarshi Roy in Bengaluru)

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