Deals of the day-Mergers and acquisitions june 20, 2017
June, 20th 2017
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:
** Europcar has agreed to buy Europe's largest low-cost car rental company Goldcar, the French group said, marking its fourth acquisition this year.
** Britain's Liberty House Group said it submitted a revised bid for troubled Australian steel group Arrium Ltd, after last week conceding defeat to a South Korean private equity syndicate.
** Engie SA has agreed to buy a 40 percent stake in Dubai's National Central Cooling Company (Tabreed) and help drive the company's expansion in emerging markets such as Turkey, India and Egypt.
** Scientific instruments maker PerkinElmer Inc said it would buy Germany's Euroimmun Medical Laboratory Diagnostics AG for about $1.3 billion in cash to expand its reach into autoimmune and allergy diagnostic markets.
** Finland's largest construction company YIT will acquire rival Lemminkainen for 632 million euros ($707 million) in an all-share deal aimed at boosting growth, the firms said.
** The High Court of the Marshall Islands has dismissed with prejudice a lawsuit brought by tanker firm Frontline to stop rival DHT selling a major stake to shipper BW Group , DHT said. (Compiled by John Benny in Bengaluru)