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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: Abbvie, Updates: easyJet, CRH

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

** Ireland's CRH <CRH.N> said it would acquire U.S.-based Arcosa <ACA.N> in an all-cash deal valued at about $8.5 billion, strengthening the building materials group's position in North America.

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** AbbVie <ABBV.N> will acquire biotech Apogee Therapeutics <APGE.O> for $10.9 billion in cash, they said, as the company builds its next-generation immunology pipeline.

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** Castlelake made public its £4.74 billion ($6.26 billion) takeover plan for easyJet <EZJ.L>, ramping up pressure on the board of the budget airline, which promptly rejected it as "opportunistic" and not in the best interests of shareholders.

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** French food giant Danone <DANO.PA> said it will acquire Australia's Made Group, expanding into high-protein foods in the Asia-Pacific region in a global race to tap surging demand from users of weight-loss drugs.

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(Compiled by Rajarshi Roy and Kunal Das in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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