Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Oct 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:
** UniCredit CRDI.MI, Italy's second-largest bank, said that the European Central Bank had authorised it to take control of Commerzbank CBKG.DE, after a hostile takeover offer completed in July lifted its stake in the German rival to 48%.
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** CCC Intelligent Solutions CCC.O said it agreed to be acquired by a consortium of private investment firms led by GTCR and including Elliott Investment Management in a $6.1 billion take-private deal.
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** Britain's culture minister Lisa Nandy said she would not refer Axel Springer's planned purchase of the Telegraph Media Group to a more detailed competition investigation, clearing the way for the deal to proceed.
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** Thoma Bravo-owned cybersecurity company Proofpoint will buy data security firm Varonis Systems VRNS.O in an all-cash deal valued at about $6.3 billion, the companies said.
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(Compiled by Shania S Thomas in Bengaluru)
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