September 17, 2018 / 10:16 AM / a month ago

Deals of the day-Mergers and acquisitions

(Adds Cigna, Fox, Uber, Coca-cola, Lucid Motors)

Sept 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Health insurer Cigna Corp's $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co has passed U.S. antitrust scrutiny, the companies said, allowing them to proceed with a combination they say will lead to lower costs by better coordinating pharmacy and medical benefits.

** Twenty-First Century Fox said that its 14 pounds per share bid for Sky Plc will remain open for acceptances until October 6.

** Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla .

** Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported, citing people familiar with the matter.

** Coca-Cola Co is in talks with Canadian marijuana producer Aurora Cannabis Inc to make cannabis-infused beverages, BNN Bloomberg reported.

** EU antitrust regulators have set an Oct. 19 deadline for their ruling on Walt Disney's $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said.

** German publishing group Bertelsmann said it was buying U.S. online education provider OnCourse Learning from private equity firm CIP Capital in a deal worth around $500 million.

** Germany's oldest private bank, Joh. Berenberg, Gossler & Co KG, has sold a majority stake in its Swiss private banking unit to a group of investors, it said without giving financial details.

** Walmart Inc's Flipkart unit is in talks to buy a stake in Star India's video streaming service Hotstar, the Mint daily reported, stepping up the e-commerce firm's battle with Amazon.com Inc by expanding into video content.

** Insurance services provider Thomas Miller said it had agreed to buy the managing general agency and insurance services operations of specialist insurance services group Zeller Associates.

** Meredith Corp said it entered into a definitive agreement to sell the Time media brand to Marc and Lynne Benioff for $190 million in cash.

** Deutsche Bank is considering shifting large volumes of assets from London to Frankfurt after the UK's planned exit from the European Union next year to meet demands from European regulators, a person close to the matter said.

** Australia's BWX Ltd, a marketer of branded skin and hair care products, said it will remain independent after a Bain Capital-led consortium failed to submit a binding proposal and withdrew its takeover offer. (Compiled by Karan Nagarkatti and Bharath Manjesh in Bengaluru)

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