Deals of the day-Mergers and acquisitions
Adds: Comau, Westinghouse, Catalent; Updates: Tritax EuroBox, Unilever
Oct 10 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1510 GMT on Thursday:
** Italy's cabinet said on Thursday Stellantis STLAM.MI robotics business Comau will have to preserve production plants and central functions in Italy as Rome approved under conditions the sale of a majority stake in the company to One Equity Partners. nL8N3LM11P
** Italy is looking at U.S. energy group Westinghouse or France's EDF as potential international partners for a state-backed company that will build advanced nuclear reactors in the country, two sources familiar with the matter said on Thursday. nL8N3LM14Z
** U.S. Senator Elizabeth Warren has asked antitrust regulators to closely scrutinize a $16.5 billion deal in which Novo Nordisk's NOVOb.CO controlling shareholder would acquire contract drug manufacturer Catalent CTLT.N, saying it may give the pharmaceutical company an unlawful advantage in weight loss and obesity drugs. nL1N3LL15J
** A deal between Brazilian airline Azul AZUL.N and its lessors to swap more than $500 million in obligations for an equity stake is good news for planemaker Embraer EMBR3.SA, analysts say, as it reduces concerns about the debt load of a key customer. nL1N3LL0N6
** GXO Logistics GXO.N, a contract logistics provider with a market value of roughly $6 billion, is exploring options, including a potential sale, after receiving takeover interest, according to a person familiar with the matter. nL1N3LM00A
** Shares of Shanghai-based Guotai Junan Securities 601211.SS and Haitong Securities 600837.SS soared on Thursday after Guotai Junan revealed details of its plan to acquire its rival and create China's largest brokerage firm. nL1N3LL0HO
** Unilever ULVR.L has sold its Russian business to Arnest Group, it said on Thursday, becoming the latest multinational company to exit Russia since its invasion of Ukraine, following a "complex" sale process. nL4N3LM0MA
** Malaysia's third-biggest lender by assets, Public Bank PUBM.KL, said on Thursday that it will acquire a 44.15% stake in general insurer LPI Capital LOND.KL for 1.72 billion ringgit ($400.5 million) in cash. nL4N3LM0MZ
** Canada's Brookfield Asset Management BAM.TO will buy European logistics real estate firm Tritax EuroBox EBOX.L, the companies said on Thursday, the latest sign of booming investor interest in warehouses and distribution centres.nL4N3LM0GO
** Ivory Coast could sell a further stake in its Transcao cocoa processor to Malaysian cocoa group Guan Chong Berhad GNCH.KL, the industry's regulator told Reuters, as it pushes for more expertise and investment to grow the sector. nL8N3LL1ZI
(Compiled by Puyaan Singh in Bengaluru)
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