Deals of the day-Mergers and acquisitions

Yanlord Land

25/10/2019 11:00

Oct 25 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Friday:

    ** French insurer AXA  AXAF.PA  will sell its Belgian
banking business - AXA Belgium - to cooperative bank Crelan for
620 million euros ($688.51 million), the company said.
 urn:newsml:reuters.com:*:nL5N27A1RK
    ** China's cabinet has approved a merger of the country's
two largest shipbuilders, China State Shipbuilding Corp and
China Shipbuilding Industry Co, the country's state asset
regulator said.  urn:newsml:reuters.com:*:nB9N26I02A
    ** China-based property developer Yanlord Land Group
 YNLG.SI  is making a second attempt to take over Singapore's
United Engineers Ltd  UTES.SI , in a deal that values the real
estate firm at S$1.66 billion ($1.2 billion).  urn:newsml:reuters.com:*:nL3N27A0KZ
 
 

 (Compiled by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
1524; Reuters Messaging:
arundhati.sarkar.thomsonreuters.com@reuters.net))