Deals of the day-Mergers and acquisitions
Updates Capri, Ovintiv; Adds Reliance, Aixigo, Paramount Resources, Diligent, Evotec
Nov 14 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2130GMT on Thursday:
** German drugmaker Evotec EVTG.DE is attracting takeover interest from U.S.-based Halozyme Therapeutics HALO.O, Bloomberg News reported on Thursday. nL4N3ML1V3
** The private-equity owners of Diligent are weighing strategic options, including a sale, that could value the corporate-governance software maker at nearly $7 billion including debt, according to people familiar with the matter. nL1N3ML0VD
** Shale producer Ovintiv OVV.N said on Thursday it was acquiring oil assets from Paramount Resources POU.TO for $2.38 billion in cash, expanding its presence in Canada's Montney shale play. nL4N3ML13D
** Europe's biggest fund manager Amundi announced the acquisition of German technology company Aixigo for 149 million euros on Thursday. nFWN3ML0ZY
** Reliance Industries RELI.NS and Walt Disney DIS.N on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO.nL4N3ML1FX
** Tapestry TPR.N is terminating its $8.5 billion deal to buy Michael Kors-owner Capri CPRI.N following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to compete with major European players. nL4N3ML15P
** General Mills GIS.N said it would buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business in a transaction valued at $1.45 billion to broaden its portfolio and strengthen its pet food business. nL4N3ML17U
** 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. 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, Rishi Kant and Aishwarya Jain in Bengaluru)
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