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Deals of the day-Mergers and acquisitions



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Adds Manipal Hospitals, WEC Energy Group, Thyssenkrupp, UMB Financial Corp, Investcorp, Deciphera; updates BHP Group, Morphosys

April 29 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:


** India's Manipal Hospitals said it will acquire an 87% stake in Medica Synergie as it aims to expand its footprint in eastern India. nL4N3H2342


** U.S. electric utility WEC Energy Group WEC.N said it will acquire 90% ownership stake in a solar project located near Dallas, Texas for about $459 million. nL4N3H23FW

** Thyssenkrupp rejected allegations by labour representatives that it failed to adequately inform workers about its plans to sell a stake in its steel unit to Czech energy firm EPCG, adding to growing tension between the two sides. nL8N3H2468


** Regional lender UMB Financial Corp UMBF.O has agreed to buy smaller rival Heartland Financial HTLF.O in an all-stock deal valued at about $2 billion, the banks said. nL4N3H231D

** Bahrain-based Investcorp will buy the digital technology services business of India's National Stock Exchange NSEI.NS (NSE) for $120 million, the alternative investment firm said , in its biggest deal in the country. nL4N3H2200

** Deciphera Pharmaceuticals DCPH.O said Japan's Ono Pharmaceutical Co 4528.T will acquire the cancer drugmaker for $2.4 billion to expand its oncology portfolio and presence in the United States and Europe. nL4N3H22RY


** South African President Cyril Ramaphosa's spokesperson said that BHP Group's BHP.AX proposed offer to buy Anglo American AAL.L was "normal market activity". nJ8N3E902I

** Morphosys MORG.DE said its takeover by Novartis NOVN.S is still expected to close in the first half of this year, after a news report on a possible drug safety risk knocked the German biotechnology company's stock price. nL8N3H22L3

** French IT firm Atos ATOS.PA put a price tag on a state offer to take over strategic parts of the company, boosting its shares, but also said it would need almost twice as much cash as estimated earlier this month to stay afloat. nL8N3H216O


** Blackstone BX.N has agreed to acquire Hipgnosis Songs Fund SONG.L for about $1.57 billion, trumping an offer from Concord for the music rights owner of artists such as Shakira and Red Hot Chili Peppers, the companies said. nL4N3H2174


** Australia's Pacific Smiles Group PSQ.AX said it recommended a takeover offer from National Dental Care (NDC) HoldCo, valuing the dental centres operator at A$303 million ($198.07 million). nL4N3H10P9


** The billionaire owner of L'Occitane International 0973.HK is close to making a proposal to take the French skincare firm private as early as Monday in a deal that could value it at about $7 billion including debt, Bloomberg News reported. nL1N3H10FD


(Compiled by Rajarshi Roy, Pratyush Thakur in Bengaluru)

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