Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds Cosmobilis, NXP, Banco BPM, Norse Atlantic and KKR
July 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:
** Private equity firm KKR KKR.N is nearing a takeover of medical device outsourcing company Integer Holdings ITGR.N the Wall Street Journal reported citing people familiar with the matter. nL4N43X27P
** Norse Atlantic NORSE.OL said its board had initiated a formal process for a possible sale, merger or partnership, citing strong interest from potential parties for the Norwegian airline. nL6N43X17W
** Italy's Banco BPM BAMI.MI said its board had decided to end talks on a potential merger with Banca Monte dei Paschi di Siena BMPS.MI. nL1N43X13P
** NXP Semiconductors NXPI.O is in talks to buy chip designer Ambarella AMBA.O, the Financial Times reported citing people familiar with the matter. nL6N43X174
** French automotive group Cosmobilis and private credit investor Park Square Capital acquired the commercial rights to the World Rally Championship on Friday in what the governing body hailed as the "deal of the century" for the sport. nL6N43X14L
** Canadian retailer Alimentation Couche-Tard ATD.TO said it plans to buy Poland's Zabka ZAB.WA for about $8.7 billion, marking its largest acquisition and expanding its presence in Central and Eastern Europe after abandoning a $46 billion bid for Japan's Seven & I 3382.T last year.nL4N43X0EI
** Spain's Santander SAN.MC has offered to acquire the remaining around 10% stake it does not already own in its Brazilian unit SANB11.SA through a share swap for around €1.9 billion ($2.19 billion), it said on Thursday. nL4N43W31U
** French state investment bank Bpifrance sold a 2.5% stake in telecoms group Orange ORAN.PA for 1.1 billion euros ($1.3 billion), while retaining its position alongside the French state as the telecoms operator's largest shareholder. nL8N43X0OP
** Shell SHEL.L said it had agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group MOLB.BU for up to $720 million, as the British oil major sharpens its focus on LNG operations. nL4N43X0JE
** British supermarket chain Sainsbury's SBRY.L said it agreed to sell its Argos general merchandise retailer for at least £120 million ($161 million), exiting a business it bought for 1.1 billion pounds 10 years ago. nL4N43X0ML
** HSBC HSBA.L, 0005.HK said it will sell its A$36 billion ($25.30 billion) Australian home and personal loan portfolio to investment giant Blackstone BX.N, marking its exit from retail banking in Australia. nL4N43W325
(Compiled by Rajarshi Roy, Pragyan Kalita and Varun Sahay in Bengaluru)
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