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VC2 Olam News Story

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Deals of the day-Mergers and acquisitions

April 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

** Drugmaker Neurocrine Biosciences  is nearing a deal to acquire rare genetics drugmaker Soleno Therapeutics  for more than $2.5 billion, the Financial Times reported on Sunday.

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** Singapore-based Olam Group  said it has agreed to sell its IT and digital services business, Mindsprint, to Indian IT services firm Wipro  for an enterprise value of $375 million.

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** KNDS France - a unit of German tank maker KNDS - has completed its takeover of French company Texelis Defense for an undisclosed financial amount, said KNDS France.

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 (Compiled by Rajarshi Roy and Pranav Mathur in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))

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