Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions May 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:
** French utility EDF has postponed a plan to sell a stake in its Italian subsidiary Edison <EDNn.MI> to next year as the disruption to liquefied natural gas supplies due to the Iran conflict drags on, two sources with direct knowledge of the matter said.
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** British chemicals company Johnson Matthey <JMAT.L> said it would buy Cormetech for $360 million, betting on growth in the U.S. power generation market on strong demand for emission control for data centres.
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** CoStar Group <CSGP.O>, a commercial real estate data and listings company, is nearing a deal to acquire housing‑market data provider Zonda for nearly $800 million from private equity firm MidOcean Partners, according to two people familiar with the matter.
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(Compiled by Rajarshi Roy and Koyena Das in Bengaluru)
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