Deals of the day- Mergers and acquisitions

Fri Jun 26, 2015 4:00pm EDT
 
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(Adds FedEx, Penn Virginia, Generali, Altice, United Airlines, Guardian Life Insurance, EDF and Corpbanca)

June 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** European private equity firm Cinven said it had agreed to buy a majority stake in German laboratory operator synlab. Cinven did not disclose the size of the transaction.

Reuters reported on Thursday Cinven would pay 1.7-1.8 billion euros ($3.92 billion) for synlab, according to three sources familiar with the deal.

** FedEx has asked the European Union's competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT Express, the U.S. package delivery service company.

** Penn Virginia Corp shareholder Lone Star Value Management LLC asked the U.S. oil and gas producer to consider strategic alternatives to explore "all credible proposals".

  Continued...