Deals of the day-Mergers and acquisitions

Thu Feb 11, 2016 5:00am EST
 
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Feb 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:

** Generic drugmaker Mylan NV said it would acquire Meda AB in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company.

** Banco Popolare and Banca Popolare di Milano are ready to announce a merger to create Italy's No. 3 bank this month if regulators give the green light, a source close to the matter said on Thursday.

** Britain's Johnston Press is in late-stage talks on a deal to buy Independent Print's "i" newspaper, it said on Thursday, raising questions about the future of the latter's sister publication, The Independent.

** Latvia's parliament approved on Thursday in a final vote a plan to split the country's vertically integrated national utility Latvijas Gaze by the end of December 2017 and to open its gas market for competition.

** Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of Commercial International Bank, the company said on Thursday.

  Continued...