Deals of the day-Mergers and acquisitions
Adds: Charter Communications Updates: Just Eat Takeaway, Seven & i Holdings
Nov 13 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:
** Cable operator Charter Communications CHTR.O has agreed to buy Liberty Broadband LBRDA.O in an all-stock deal, the companies said.
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** Europe's biggest meal delivery firm Just Eat Takeaway TKWY.AS said it had agreed to sell its U.S. unit, Grubhub, to Wonder at a steep loss to the billions it paid a few years ago, ending a years-long search for a buyer and boosting its shares.
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** Japan's Seven & i Holdings 3382.T has received a buyout proposal from a member of its founding Ito family, it said, a potential $58 billion white-knight bid as it weighs a rival offer from Canada's Alimentation Couche-Tard ATD.TO.
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** Japan's Mizuho Financial Group 8411.T will take a 15% stake in Rakuten Group 4755.T subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said. nL4N3MK0IJ
** Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's SATS.O satellite television business that includes Dish TV by Nov. 22 if bondholders don't agree to a debt exchange. nL4N3MK07H
(Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)
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