Deals of the day- Mergers and acquisitions

miércoles 29 de julio de 2015 16:03 GYT
 

(Adds Bombardier, ProSiebenSat.1, Anglo American Platinum, SDH, SIJ, Orange, Vilmorin)

July 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Belgian chemical group Solvay has agreed to buy U.S. peer Cytec for $5.5 billion, giving it a bigger presence in the lightweight materials business where demand from the aerospace industry is booming.

** U.S. private equity firm Lone Star has agreed to buy British property firm Quintain Estates and Development for 700 million pounds ($1.1 billion) to gain one of London's few remaining large-scale development opportunities.

** France's Bpifrance public investment bank said it is selling 2 percent of French telecom operator Orange shares in a deal a banking source said was worth about 805 million euros ($887.43 million).

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