Deals of the day- Mergers and acquisitions

Wed Jan 6, 2016 4:03pm EST
 
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(Adds Lamar Advertising Co, Solvay, Norfolk Southern)

Jan 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

** The European Commission said it had approved Berkshire Hathaway's planned $32.3 billion acquisition of Precision Castparts Corp, a maker of aerospace and other parts.

** French utility EDF SA is considering selling assets worth over 6 billion euros ($6.45 billion) this year, French daily Les Echos reported.

** Lamar Advertising Co is in advanced talks to buy billboard assets in five U.S. cities from Clear Channel Outdoor Holdings Inc worth roughly $450 million, according to people familiar with the matter.

** Verizon Communications Inc has started a process to sell its data center assets, hoping to fetch more than $2.5 billion, people familiar with the matter said on Tuesday, as the U.S. telecommunications conglomerate focuses on its core business.   Continued...