Deals of the day -- mergers and acquisitions

Mon Jul 15, 2013 4:02pm EDT
 
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July 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Loblaw Cos Ltd, Canada's largest food retailer, will buy Shoppers Drug Mart Corp, the country's biggest pharmacy chain, for C$12.4 billion ($11.9 billion) to bulk up against intensifying competition from U.S. retail giants as well as from consolidating local rivals.

** Mexican real estate investment trust Fibra Uno said it signed a deal to acquire a portfolio of commercial properties from MRP Group LP for 23.155 billion pesos ($1.81 billion).

** AT&T Inc will buy Leap Wireless International Inc for $1.19 billion, paying almost double the current value of the prepaid mobile service provider as major U.S. carriers scramble to acquire valuable wireless spectrum.

** Germany's Deutsche Telekom is keeping its options open as to whether it floats or sells EE, its joint venture with French rival Orange, an executive said on Monday.   Continued...