Deals of the day- Mergers and acquisitions

Tue Sep 20, 2016 4:06pm EDT
 
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(Adds Potash, Bain, Allergan; Updates Rabobank)

Sept 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday

** Italian oil major ENI SpA has delayed the planned $3.4 billion sale of its domestic retail business, sources said, as political uncertainty caused by an upcoming referendum on democratic reform hinders major deals across the country.

** Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market's weakness makes it the right time to merge leading farm input suppliers, the chief executive officer of Agrium Inc said, making his pitch to skeptical investors for a $26 billion union with Potash Corp of Saskatchewan Inc.

** Private equity firm Bain Capital has agreed to a debt for equity swap deal valued at $1.5 billion for Edcon, the chief executive of the South African clothes retailer said.

  Continued...