Jan 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Monday:
** Swiss testing and inspection group SGS has ended
talks over a potential $30 billion merger with French rival
Bureau Veritas after the two sides failed to reach
agreement over the deal, it said.
** Singapore's DBS Group said it acquired an
additional stake in Shenzhen Rural Commercial Bank (SRCB) for
1.60 billion yuan ($220.4 million), bringing its total ownership
in the Chinese lender to 19.40%.
** UltraTech Cement, India's top cement producer
by capacity, is in advanced talks with German firm Heidelberg
to acquire its Indian unit, Moneycontrol reported,
citing sources familiar with the matter.
** U.S.-based Diversified Energy ( DEC ) said it will buy
private equity-owned Maverick Natural Resources for $1.28
billion, including debt, to expand into the oil and gas-rich
Permian Basin.
** Building products distributor QXO is preparing to
take its all-cash offer to acquire Beacon Roofing Supply ( BECN )
directly to shareholders after being rejected on
several occasions, the Wall Street Journal reported on Sunday.
(Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)