Deals of the day-Mergers and acquisitions

Kakaku.com

Wed 14:38

Adds: Snam, Timur Turlov
Nov 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:
     
** Snam SRG.MI has entered exclusive talks to sell its Agri Biomethane business, Italy's gas grid operator said on Wednesday, without naming the preferred bidder, which a person with knowledge of the matter identified as Italian infrastructure fund F2i and biomethane developer Femo Gas.
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** An investment company owned by Kazakh billionaire Timur Turlov plans to buy at least a 51% stake in the parent company of one of Kazakhstan's largest agricultural groups for $300 million, according to a filing with the US Securities and Exchange Commission.
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** Canada's Fairfax Financial Holdings FFH.TO plans to exit its nearly 11% stake in India's IIFL Finance IIFL.NS, two people familiar with the discussions said.
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**  Swedish private equity firm EQT EQTAB.ST has raised its bid to buy Japan's Kakaku.com 2371.T to 3,700 yen per share from 3,683 yen per share, a filing showed on Wednesday.
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** Intesa Sanpaolo's ISP.MI prospective buyout offer for Mediobanca MDBI.MI will retain the terms of the failed bid Monte dei Paschi di Siena BMPS.MI made for the merchant bank earlier this year, according to a document published late on Tuesday.
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** Marsh has agreed to acquire Wilshire — a global investment consulting, solutions and analytics firm that serves institutional investors and financial intermediaries — from private investment firms CC Capital and Motive Partners.
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 (Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))