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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: Weatherford International, Barry Diller's People Inc, Lactalis, Edgewise Therapeutics, Motorola Solutions, Fibra Mty Updates: Berkshire Hathaway

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:

** Oilfield services provider Weatherford International <WFRD.O> said it has agreed to acquire energy technology firm NCS Multistage Holdings <NCSM.O> in a cash-and-stock deal.

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** Media mogul Barry Diller's People Inc <IAC.O> said it has proposed to buy MGM Resorts <MGM.N>, valuing the casino operator at more than $18 billion.

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** Lactalis said it had acquired Britain's Protein Works, as the world's largest dairy group continues to expand to meet fast-growing demand for protein-rich foods and nutrition products.

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** Biotech firm Edgewise Therapeutics <EWTX.O> said it would sell its experimental muscular dystrophy drug and related business to France's Servier for up to $2.65 billion.

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** Motorola Solutions <MSI.N> said it would buy Israeli startup D-Fend Solutions for $1.5 billion as governments and critical infrastructure operators worldwide rush to defend against the growing threat of rogue drones.

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** Mexican real estate investment trust Fibra Mty said it had completed its tender offer for Fibra Macquarie after it was accepted by holders of more than 80% of the company's certificates in the market.

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** Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation for $6.8 billion in cash, the companies said on Sunday.

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** Drax <DRX.L> has agreed to buy Bluefield Solar Income Fund <BSIF.L> in a deal valuing the renewable energy-focused investment company at about £561 million ($755.3 million), the British power group said.

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** BP <BP.L> said it agreed to sell 5% of its stake in the Browse liquefied natural gas project in Western Australia to South Korea's GS Energy.

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** On-road load-handling equipment maker Hiab <HIAB.HE> has agreed to buy North American garbage truck manufacturer Labrie Environmental Group for about $1 billion, the Finnish company said.

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(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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