Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Abbvie, Updates: easyJet, CRH
June 22 (Reuters) - 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)
Recent news on easyJet
See all newsEasyJet holds out for higher Castlelake bid after rejecting offer, FT reports (updated)
EasyJet holds out for higher Castlelake bid after rejecting offer, FT reports
Brief: Easyjet And Its Investors Hold Out For £600Mn More From Castlelake - Ft
Deals of the day-Mergers and acquisitions
EasyJet may regret ignoring its bird in the hand