Deals of the day-Mergers and acquisitions
Nov 14 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:
** Shale producer Ovintiv OVV.N said on Thursday it would acquire certain oil assets located in Canada's Montney formation from Paramount Resources POU.TO for about $2.38 billion in an all-cash deal. nL4N3ML13D
** Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking point, sources told Reuters on Thursday. nL4N3ML0QW
** China's Geely said its premium electric vehicle maker Zeekr ZK.N plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the sprawling automotive group. nL1N3ML0B1
** Delfin, the holding of Italy's Del Vecchio family, bought a 3.5% stake in bailed-out bank Monte dei Paschi BMPS.MI, a source with knowledge of the matter said. nS8N3LR0MO
(Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)
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