Deals of the day-Mergers and acquisitions

  • Reuters
  • Stock Market News
Deals of the day-Mergers and acquisitions
Credit: © Reuters.

Sept 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday:

** Monsanto (NYSE: MON ) Co MON.N will sell its small branded cotton seed business to local firm Tierra Agrotech Private Ltd, but remains fully committed to India's agriculture sector, a Monsanto India (NS: MNSN ) spokesman said. A group including Western Digital WDC.O is seeking around 50 billion yen ($464 million) from Apple Inc AAPL.O to help finance a bid for Toshiba Corp's 6502.T memory chip unit, Kyodo news agency reported. Canadian retailer Hudson's Bay HBC.TO signalled it had no intention of selling German department store chain Kaufhof, after people familiar with the matter said Austrian real estate company Signa Holding was considering a bid. Turkey's Celebi Aviation Holding has shown interest in buying state-owned Air India's ground handling operations, India's aviation secretary Rajiv Nayan Choubey said. Australian packaging company Amcor Ltd AMC.AX is considering a takeover of rival Bemis Co BMS.N , Bloomberg reported on Thursday, citing people familiar with the matter. A private equity firm backed by French luxury goods giant LVMH LVMH.PA has invested in South Korean startup sunglass maker Gentle Monster on Thursday, banking on the Korean pop culture boom to fuel sales of the country's luxury brands. Trinity Mirror TNI.L , the publisher of the Daily Mirror, said it was in talks to buy Richard Desmond's Northern & Shell (LON: RDSa ) titles, including the Daily Express and the Star tabloid.

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