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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:

** Swiss luxury group Richemont CFR.S, owner of Cartier, is in talks to join a consortium to make a bid for diamond miner De Beers, Bloomberg News reported, citing five people familiar with the matter.

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** Separate talks are being held about Lufthansa LHAG.DE potentially taking the remaining 50.1% majority stake in Portugal's flag carrier TAP from the government in the future, Lufthansa's finance chief said.

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** Canadian AI lab Cohere said on Thursday it had signed a letter of intent to buy AISLE, a San Francisco-based cybersecurity startup that uses AI to detect vulnerabilities in software.

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** EasyJet EZJ.L faces opposition from unions over its £5.7 billion ($7.5 billion) takeover by Apollo APO.N, though the airline says it remains on track to complete the deal before the end of the first quarter of next year.


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** EQT EQTAB.ST has agreed to buy US real estate investment manager Stockbridge for an initial consideration of $375 million, the Swedish private equity firm said.

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(Compiled by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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