Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds Starbucks, Steris and IonQ
Oct 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Monday:
** Starbucks SBUX.O is not buying Chipotle Mexican Grill CMG.N, the coffee chain said on Monday, quashing speculation about what could have been the largest restaurant deal on record. nL4N45Y0TM
** Medical equipment maker Steris STE.N will buy privately held Xodus Medical for $2.1 billion, adding surgical products designed to improve safety for patients and operating-room staff to its healthcare consumables business. nL4N45Y0PW
** Quantum computing company IonQ IONQ.N said on Monday it would buy cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion, as it looks to expand its quantum security business. nL6N45Y0NL
** 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. nL1N45Y06D
** 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. nL6N45X080
** 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. nL6N45W068
** 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. nL4N45V1DZ
** 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. nL4N45V1BS
(Compiled by Shania S Thomas in Bengaluru)