(Adds: Ametek ( AME ), WTW)
May 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Wednesday:
** Industrial equipment maker Ametek ( AME ) said it would
acquire the instrumentation businesses of valve and pump
manufacturer Indicor for about $5 billion in cash.
** WTW has completed the acquisition of workplace pension
and savings provider Cushon, the broker said.
** Stack Infrastructure, a data centre firm owned by Blue Owl
Capital, is considering its options, including a sale of its
Asia operations in a deal valued at more than $30 billion,
Bloomberg News reported on Tuesday, citing people familiar with
the matter.
**AIG has agreed to sell approximately 25 million shares of
common stock of Corebridge Financial ( CRBG ), representing its remaining
stake in the company.
** Bayer said that it will buy biopharmaceutical
company Perfuse Therapeutics to complement its ophthalmology
pipeline.
** Australia's Atlas Arteria ( MAQAF ) rejected a proposal from
IFM Global Infrastructure Fund to buy the toll road operator at
a valuation of A$6.89 billion ($4.95 billion), saying the
"highly conditional" offer materially undervalued it.
** Australia's DigiCo Infrastructure REIT ( DGTRF ) said it has
struck a deal with a North American fund manager to sell its
CHI1 data center facility in Chicago for $750 million.
** Insurance giant American International Group ( AIG ) said on
Tuesday it had agreed to sell its remaining stake in life
insurance and retirement firm Corebridge Financial ( CRBG ),
marking the culmination of a five-year separation.
** K2 Insurance Services has acquired Oculus Underwriters, a
specialist in small commercial property and businessowners
policy coverage, according to people familiar with the matter,
folding the business into Vikco Insurance Services, its existing
small commercial property brand.
** Escribano Mechanical and Engineering has sold its full stake
in Spanish defence company Indra, newspaper Expansion
reported on Tuesday.
(Compiled by Dharna Bafna and Rajarshi Roy in Bengaluru)