Deals of the day-Mergers and acquisitions
Updates; adds Pfizer, DCC, Premier Group, Commerzbank, Exxon Mobil, ValueAct Capital, Alerion Clean Power, UnitedHealth, Honeywell, Spirit Aerosystems, BBVA, Brigade capital
Nov 12 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2140 GMT on Tuesday:
** Spirit AeroSystems SPR.N said on Tuesday it would receive $107 million in advance payments from Airbus.nL4N3MJ27P
** Hedge fund Brigade Capital is receiving a $300 million investment from Blackstone BX.N to help build its new private credit strategy and expand its collateralized loan obligations (CLO) platform, two people familiar with the matter said. nL1N3MI0WR
** Spanish bank BBVA's BBVA.MC hostile takeover bid for smaller rival Sabadell SABE.MC, aimed at creating a bank with assets over 1 trillion euros ($1.06 trillion), must undergo a longer anti-trust review, Spain's competition watchdog said on Tuesday. nL8N3MJ2L8
** U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Tuesday. nL1N3MI12C
** Spirit AeroSystems SPR.N said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing BA.N, giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. nL4N3MJ1K5
** Activist investor Elliott Investment Management said Honeywell HON.O should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years. nL4N3MJ1D0
** The Justice Department and three U.S. states filed a lawsuit on Tuesday to block UnitedHealth Group's UNH.N $3.3 billion purchase of Amedisys Inc AMED.O over concern the deal would harm competition in the market for home health services, the department said. nS0N3M003J
** Italian energy group Alerion Clean Power ARN.MI said on Tuesday it had set up a 50-50 joint venture with a unit of regional utility Alperia to develop and manage a portfolio of wind farms in the southern region of Puglia. nL8N3MJ2CL
** ValueAct Capital has built a $1-billion stake in Meta Platforms META.O but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar with the matter told Reuters on Tuesday. nL4N3MJ1XJ
** Top U.S. oil producer Exxon Mobil Corp XOM.N has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned Hilcorp Energy for around $1 billion, four sources familiar with the matter told Reuters. nL1N3ME1P7
** Commerzbank CBKG.DE is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit CRDI.MI, three people with knowledge of the matter told Reuters. nL8N3MJ1XS
** South African food producer Premier Group PMRJ.J has 1.1 billion rand ($60.91 million) available for acquisitions, it said on Tuesday, after reporting a 32.4% rise in interim profit. nL1N3MJ0B1
** Dublin-based conglomerate DCC DCC.L said on Tuesday it would put its healthcare division up for sale and look at options for its technology business in order to focus on energy, its biggest and fastest growing unit.nL4N3MJ0TF
** Pfizer PFE.N is exploring the sale of its hospital drugs unit, as the drugmaker, which has been under pressure from activist investor Starboard Value, looks to divest non-core assets, according to three people familiar with the matter.
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** Cryptocurrency data provider Kaiko said it is acquiring European crypto index provider Vinter in a bet on growth in the European digital asset market.
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** Warehouse landlord Segro SGRO.L said it would buy six Tritax EuroBox EBOX.L properties in Germany and the Netherlands for 470 million euros ($499.1 million) as part of a deal with Brookfield Asset Management Ltd BAM.TO.
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** Basque steel maker Sidenor has hired investment bank Alantra ALNTA.MC to buy up to a 29.9% stake in Spanish train maker Talgo TLGO.MC, news website El Confidencial reported, citing several sources close to the matter.
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** Drug distributor Cardinal Health CAH.N said on Monday it will take a majority stake in gastroenterology care platform GI Alliance (GIA) and buy diabetes medicine provider Advanced Diabetes Supply Group (ADSG) in two deals worth about $3.9 billion in total.
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** Australian poker machine giant Aristocrat Leisure ALL.AX has agreed to sell its Plarium mobile game developer for up to $820 million to Stockholm-listed Modern Times MTGb.ST, as it shifts focus towards real-money gaming markets.
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** Endeavor Group EDR.N will sell its OpenBet and IMG Arena businesses to management-led group OB Global backed by Hollywood power broker Ari Emanuel for about $450 million, the sports and entertainment company said on Monday.
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(Compiled by Rajarshi Roy, Rishi Kant and Aishwarya Jain in Bengaluru)
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