Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Macquarie Group, Soochow Securities, K+S, Lenta, Helios Investment Partners, JC Flowers, WTW Updates:
June 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:
** Australia's Macquarie Group <MQG.AX> said its asset management arm and Brazil's IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to AD Ports Group <ADPORTS.AD> for $835 million.
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** JC Flowers has closed the purchase of the French arm of Italian bank Monte dei Paschi di Siena <BPMS.MI>, the private equity firm said, adding it would refocus the business on wealth management services.
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** Germany-based potash and salt miner K+S <SDFGn.DE> said it will acquire Polish chemicals firm Qemetica's salt business.
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** China's Soochow Securities <601555.SS> said it plans to buy a controlling stake in smaller rival Donghai Securities for 11.5 billion yuan ($1.7 billion), as Beijing encourages consolidation in the country's crowded brokerage industry.
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** One of Russia's largest food retailers, Lenta <LENT.MM>, said that it had acquired the Russian retail group O'Key <OKEYDR.MM>.
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** Helios Investment Partners agreed to sell its majority stake in Africa Specialty Risks (ASR) to London-based Vitruvian Partners, the companies said.
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** WTW has acquired Redefind, an end-to-end web platform designed to provide insurance products for digital assets and cryptocurrencies, the broker said.
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** General Mills GIS.N has agreed to sell its Haagen-Dazs ice-cream shops in mainland China to a group led by fast-growing tea chain operator Ningji, the latest sale to underscore the ebbing fortunes of foreign brands in the world's No. 2 economy. nL4N4291SV
** An Estee Lauder EL.N merger with Jean Paul Gaultier-owner Puig PUIGb.MC failed to go through because of the price tag, Stephane de La Faverie, President and CEO of the U.S. cosmetics maker said , but added the company was still open to acquisitions if they made financial sense. nS8N3ZE03Q
** Aluminium Bahrain (Alba) ALBH.BH has agreed to acquire Aluminium Dunkerque, the European Union's largest aluminium smelter, in a deal valued at about $2.2 billion, the company said. nL6N42A0I0
** Russia launched an auction for the sale of a 67.2% stake in gold producer Uzhuralzoloto GLD.MM which the state confiscated from a businessman last year, the state property agency Rosimushchestvo said. nR4N41S01K
** Edgewise Therapeutics EWTX.O on Monday agreed to sell its muscular dystrophy drug and related business to Servier in a deal worth up to $2.65 billion, marking an expansion for the French group beyond its core cancer and cardiovascular therapies. nL4N42910K
** Media mogul Barry Diller's People Inc IAC.O said on Monday it has proposed to buy MGM Resorts MGM.N, valuing the casino operator at more than $18 billion, marking the industry's second takeover bid in a week as it grapples with slowing consumer demand. nL4N4290YG
** Private equity firm New Mountain Capital has agreed to buy residential property management firm Asset Living for over $2 billion, according to three sources familiar with the matter. nL6N42616X
** European property investment company Unica Capital has agreed to buy Le Montaigne - a Monaco residential property asset - for €27 million ($31.4 million), which it said underscored the resilience of the 'ultra prime' property market despite global economic uncertainties. nL8N4250FG
** Berkshire Hathaway BRKa.N agreed to buy Taylor Morrison Home Corp TMHC.N for $6.8 billion in cash, expanding the conglomerate's housing business in Greg Abel's first multi-billion-dollar acquisition since replacing Warren Buffett as chief executive. nL6N42807C
** Italy's UniCredit CRDI.MI has secured commitments that will take its stake in Commerzbank CBKG.DE well above 30%, Bloomberg News reported , citing people familiar with the matter. nFWN42A05Z
(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)
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