Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Oct 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:
** The leading shareholders in INWIT INWT.MI are arranging the financing for a potential take-private deal of Italy's largest mobile telecom towers company, two people close to the matter said, amid a contractual dispute between the masts firm and its two main customers.
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** Amazon AMZN.O is in talks to acquire AI startup Decart in a deal valued at around $7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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** Nvidia NVDA.O is in talks to deepen its investment in open-source startup Reflection AI or acquire it, the Financial Times reported on Saturday, citing people with direct knowledge of the matter.
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** Private equity firm GTCR and activist investor Elliott Investment Management are in advanced talks to acquire software provider CCC Intelligent Solutions CCC.O, a source familiar with the matter said on Friday.
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** Hospitality investment firm TKO LLC said on Friday it had submitted a $2 billion all-cash offer to acquire the hospitality portfolio of Service Properties Trust SVC.O, in a deal that would provide the real estate investment trust with liquidity to reduce debt.
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(Compiled by Shania S Thomas in Bengaluru)