Deals of the day- Mergers and acquisitions

lunes 26 de octubre de 2015 10:00 GYT
 

(Adds Bridgestone, Oi SA, General Atlantic, EQUATE Petrochemical and Ctrip.com; updates Duke Energy, APR Energy, Ashikaga, Caledonia and Starwood Capital)

Oct 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Monday:

** Japanese tire maker Bridgestone Corp said it would buy auto parts retailer Pep Boys-Manny, Moe & Jack for $835 million in cash to expand its presence in the United States.

** LetterOne Group, the investment firm controlled by Russian billionaire Mikhail Fridman, could pour up to $4 billion into Oi SA, should Brazil's No. 4 wireless carrier combine with rival TIM Participações SA.

** U.S. buyout group General Atlantic has agreed to buy a 21.6 percent stake in India's IIFL Wealth Management for 11.2 billion rupees ($173 million), the first private equity investment in the country's fast-growing wealth management business.

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