July 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Australian building services provider Johns Lyng Group ( JLGRF )
said it agreed to be bought by investment firm Pacific
Equity Partners (PEP) for an equity value of A$1.1 billion ($725
million), sending its shares to a near five-month peak.
** Flutter Entertainment will buy Boyd Gaming's ( BYD )
5% stake in FanDuel in a deal worth about $1.76 billion,
giving it complete ownership of the online betting operator, the
companies said on Thursday.
** Italy's fourth-largest lender, BPER Banca, has
secured at least 35% of smaller rival Banca Popolare di Sondrio
(BPSO) under its buyout offer, a stake it considers
sufficient to secure control, the Italian bourse said on
Thursday.
** WK Kellogg on Thursday agreed to be bought by the
owner of Ferrero Rocher in a deal worth around $3.1 billion,
uniting two of the world's most recognizable consumer brands to
weather a tough spending backdrop marked by persistent
inflation.
** U.S. private equity firm Blackstone on Thursday raised
its offer for Warehouse REIT to about 489 million
pounds ($666 million), topping an agreed deal for the
London-listed company from industry peer Tritax Big Box REIT
.
** Italy's Leonardo made the lowest offer for Iveco
Group's defence unit, bidding about 1.6 billion euros ($1.87
billion) including debt, Bloomberg News reported on Thursday,
citing people familiar with the matter.
(Compiled by Rajarshi Roy and Katha Kalia in Bengaluru)