REFILE-Deals of the day- Mergers and acquisitions

Fri Jul 25, 2014 3:21pm EDT
 
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(Corrects timestamp in paragraph 1)

July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Friday:

** Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

** Turkey's Cukurova is close to recovering a controlling stake in telecoms firm Turkcell after a British court said it had agreed financing terms and its rival in the dispute said it expected payment next week.

** IBM Corp's recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.

Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week, arguing the tie-up is unlikely to derail the efforts of their own companies to re-invent themselves.   Continued...