Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Howden, KKR, Seven & I Holdings; Updates: Uber, Eli Lilly, ABB, Angelini Pharma, Bridgepoint
July 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:
** Uber <UBER.N> agreed to buy Germany's Delivery Hero <DHER.DE> at an equity value of $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition from U.S. and European rivals.
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** Howden has acquired Limerick-based financial advisory firm Folk Asset Management as part of the expansion of its financial advisory team in Ireland, the broker said.
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** Private equity firms KKR <KKR.N> and Energy Capital Partners have sweetened their takeover bid for Ireland's DCC <DCC.L> for the second time in five weeks, the energy distributor said , valuing it at up to £67.97 per share, or £5.81 billion ($7.86 billion).
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** Eli Lilly <LLY.N> said it would acquire psychedelic drug developer AtaiBeckley <ATAI.O> for up to $3.8 billion, entering the race to develop psychedelic treatments for depression and other mental health disorders.
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** ABB <ABBN.S> has $14 billion for further acquisitions, CEO Morten Wierod said, after the Swiss engineering group announced a record $5.5 billion purchase of British automation company Rotork <ROR.L>.
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** Angelini Pharma said it had completed the acquisition of U.S. rare-disease drug maker Catalyst Pharmaceuticals <CPRX.O> in a $4.1 billion deal involving Italian state lender CDP.
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** Bridgepoint <BPTB.L> has agreed to buy a majority stake in German laboratory testing company GBA Group from Ardian, Bridgepoint said, confirming a Reuters report.
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** Japanese retail giant Seven & i Holdings <3382.T> is considering buying a double-digit stake in Polish convenience store operator Zabka Group <ZAB.WA>, Polish Finance Minister Andrzej Domanski said.
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** Hyundai Motor Group disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's <9984.T> stake of around 10%, a move it said would help it deploy advanced robotics across its operations.
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** Swedish investment firm EQT <EQTAB.ST> will lift its bid for Kakaku.com <2371.T> to more than 3,400 yen per share, above 3,384 yen previously offered by SoftBank unit LY Corp <4689.T> and Bain Capital, the Nikkei said.
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(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)
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