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« Mergers and Acquisitions »
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Deals of the day-Mergers and acquisitions Oct 16, 2017,
October, 17th 2017

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:

** Canadian train-and-plane maker Bombardier Inc is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday.

** T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.

** Indian e-commerce firm Flipkart is in talks for a partnership with online ticketing platform BookMyShow in a bid to build out its services and transaction offering, the Economic Times newspaper reported.

** Food services company Aramark said it would buy Avendra LLC, majority owned by Marriott International Inc , and uniform and linen supplier AmeriPride Services Inc for a total of $2.35 billion, before tax benefit adjustments.

** South African construction firm Group Five said Greenbay Properties, had made an unsolicited offer to acquire its European assets for 1.6 billion rand ($120 million), sending its shares sharply higher.

** The Italian government is not currently talking to Telecom Italia about the idea of spinning off the group's fixed-line network, a junior minister said. (Compiled by Vibhuti Sharma in Bengaluru)

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