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Deals of the day-Mergers and acquisitions



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Adds: Thyssenkrupp, Dompe Farmaceutici, Crest Nicholson Updates: BBVA

July 5 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:


** Thyssenkrupp TKGA.DE, Salzgitter SZGG.DE and France's Vallourec VLLP.PA are reviewing a sale of their steel joint venture HKM after they were approached by a potential buyer, Germany's largest steelmaker said.

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** BBVA BBVA.MC won shareholder support for a capital increase to fund its 12 billion euro ($13 billion) hostile bid for smaller rival Sabadell SABE.MC, as Spain's second-biggest bank attempts to strengthen its position at home.

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** Italy's Dompe Farmaceutici is not interested in rival drugmaker Recordati RECI.MI, the biopharmaceutical group's chief executive and chairman said.

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** Crest Nicholson CRST.L has in the past 10 days rejected an all-share takeover bid from Elliott Advisors-owned Avant Homes, Sky News reported, citing City sources.

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** The Canadian government has approved Glencore's GLEN.L $6.93 billion acquisition of miner Teck Resources' TECKb.TO steelmaking coal unit with strict conditions to preserve jobs, the country's industry minister said on Thursday.

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** Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and greater ability to control costs.

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** Private equity firm EQT and investor Klaus-Michael Kuehne struck a deal to jointly acquire a 35% stake in bus and train services company Flix to fund its expansion, EQT said in a statement on Thursday.

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** Abu Dhabi National Oil Company (ADNOC) is in the preliminary stages of exploring a possible bid for Australian gas supplier Santos STO.AX, two people with knowledge of the plans said, speaking on condition of anonymity.

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** Barclays BARC.L is selling its German consumer finance business to Austrian bank BAWAG Group AG BAWG.VI for a small premium to net assets, it said on Thursday, as the British lender aims to simplify its business.

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** HSBC HSBA.L is attracting initial interest from peers including BNP Paribas SA BNPP.PA and UBS Group AG UBSG.S, for the sale of its German wealth management unit, Bloomberg News reported on Thursday, citing people familiar with the matter.

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(Compiled by Rajarshi Roy and Sneha S K in Bengaluru)

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