Deals of the day-Mergers and acquisitions
Adds: Masimo, Devon Energy, Vista Outdoor, Eli Lilly, Thermo Fisher Scientific's Updates: Paramount Global, Carlsberg, Grifols
July 8 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:
** Masimo MASI.O said a potential partner is prepared to offer $850 million to $950 million for its consumer business.
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** Skydance Media and Paramount Global PARA.O agreed to merge, the companies announced late on Sunday, scripting a new chapter for one of Hollywood's oldest studios.
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** Devon Energy DVN.N said it had entered into a deal to acquire private equity firm EnCap-owned Grayson Mill Energy's Williston basin business in a cash-and-stock deal worth $5 billion, as it aims to cash in on high stock valuations to grow acreage.
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** Vista Outdoor VSTO.N rejected investment firm MNC Capital's final buyout offer of $3.2 billion, citing that it undervalued the company, and said it had agreed to an increased bid for its ammunition unit from Czechoslovak Group (CSG).
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** Eli Lilly LLY.N will acquire Morphic Holding MORF.O for $3.2 billion in cash, the companies said , giving the U.S. drugmaker access to an experimental drug for types of inflammatory bowel diseases.
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** UK's competition regulator said it has cleared U.S. medical equipment maker Thermo Fisher Scientific's TMO.N $3.1 billion deal to buy Swedish biotech firm Olink Holding AB OLK.O.
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** Carlsberg CARLb.CO has agreed to buy British soft drinks maker Britvic BVIC.L for 3.3 billion pounds ($4.23 billion), a move the Danish brewer said would forge a UK beverage "powerhouse" and that sent both companies' shares higher.
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** The Grifols family and Canadian fund Brookfield have agreed to launch a joint takeover bid for Spanish drugmaker Grifols GRLS.MC with the intent to delist it, the companies said in regulatory filings.
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** Attica Bank BOAr.AT, Greece's fifth largest lender, announced an initial agreement to merge with the smaller Pancretan Bank in an effort to clean up its balance sheet and create a new banking organisation.
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(Compiled by Rajarshi Roy and Christy Santhosh in Bengaluru)
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