Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Vesper, Tata Motors, Unipol
Oct 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
** Shell's SHEL.L Canada unit agreed to acquire a 30% non-operated interest in the Bay du Nord project, located offshore Newfoundland and Labrador, from Norway's Equinor EQNR.OL.
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** BASF BASFn.DE, under pressure from Chinese rivals, could raise its offer for Evonik EVKn.DE if there are talks with the specialty chemicals maker, two people close to BASF told Reuters.
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** Energy distributor DCC Energy DCC.L said it would sell its technology division, Nexora, to private equity firm One Equity Partners for a total enterprise value of $725 million, on a cash- and debt-free basis.
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** Scotchstone Capital LLP said it is weighing a possible offer for Irish bank Permanent TSB PTSB.I.
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** Asia-focused investment firm PAG is in exclusive talks to acquire a majority stake in the property services unit of debt-laden developer China Evergrande Group, said two people close to the transaction.
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** Coca-Cola KO.N is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter.
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** Infrastructure fund Vesper is in the race to buy the biomethane business of Italy's gas grid operator Snam SRG.MI, three people with knowledge of the matter said.
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** India's Tata Motors TAMO.NS raised its offer for Iveco Group IVG.MI to €14.40 per share as the authorisation process is taking longer than initially anticipated in a few jurisdictions, the Italian truckmaker said.
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** Italian insurer Unipol UNPI.MI said the European Central Bank and the Bank of Italy had granted it authorisations to exceed 20% of BPER Banca EMII.MI and thereby acquire de facto control of Italy's fifth-largest bank.
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(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)