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Deals of the day-Mergers and acquisitions
Jan 7, 2025 3:51 AM

Jan 7 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Tuesday:

** Dutch computer chip maker NXP said it has agreed to buy

Austria's TTTech Auto for $625 million, to strengthen its

automotive operations.

** Swiss bank Julius Baer said it will sell its

Brazilian domestic wealth management business to Banco BTG

Pactual for 615 million Brazilian real ($100.57

million).

** U.S. oil refiner Phillips 66 said on Monday it

will acquire EPIC Y-Grade GP and EPIC Y-Grade in an all-cash

deal for $2.2 billion.

** Medical device maker Stryker on Monday agreed to

acquire Inari Medical ( NARI ), which makes devices that treat

patients with venous diseases, in an all-cash deal worth $4.9

billion.

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

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