October 15, 2019 / 9:41 AM / a month ago

Deals of the day-Mergers and acquisitions

(Adds Uranium One, HSBC, Fortum, Emerson Electric, KKR and Yduqs)

Oct 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** Brazilian for-profit education company Yduqs, formerly known as Estacio Participações, is in exclusive talks to acquire assets owned by Adtalem Global Education Inc , two sources with knowledge of the matter said.

** Canada Pension Plan Investment Board (CPPIB) said it will invest at least 500 million euros ($551.95 million) in a KKR & Co Inc-owned holding firm conducting a public tender offer for the shares of German publisher Axel Springer.

** Brazilian for-profit education company Yduqs, formerly known as Estacio Participações, is in exclusive talks to acquire assets owned by Adtalem Global Education Inc , two sources with knowledge of the matter said.

** Hedge fund D.E. Shaw increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.

** Russia's anti-monopoly service is considering changing regulations to allow Finnish utility Fortum to raise its stake in Germany's Uniper, Interfax news agency reported, citing the service.

** HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group.

** Uranium One Group, a subsidiary of Russia's state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile's Atacama salt flat from Wealth Minerals Ltd , the Canada-listed company said.

** California chipmaker Intel Corp has agreed to purchase a software business from Toronto-based information technology firm Pivot Technology Solutions Inc, Intel said.

** Private equity firm Blackstone Group said it would launch a tender offer for Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the Japanese hotel chain.

** A KKR-led consortium said it will invest $685 million in the largest hospital group in the Philippines, seeking to capitalize on growing demand for private healthcare in Southeast Asia.

** U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said.

** PT Indosat, the Indonesian unit of Qatar's Ooredoo Group, said it has signed a 6.4 trillion rupiah ($452.30 million) deal to sell 3,100 telecommunication towers, which will be leased back.

** France-based investment firm Wendel said it had signed an agreement to acquire U.S. company Crisis Prevention Institute (CPI) from San Francisco-based FFL Partners in a deal with an enterprise value of $910 million.

** Russia's RDIF sovereign wealth fund said it would sign 10 investment agreements worth more than $1.3 billion with partners from the United Arab Emirates including the Mubadala Investment Company.

** Japan's Takeda Pharmaceutical Co Ltd said it will sell a portfolio of over-the-counter and prescription medicines in the Middle East and Africa to Swiss pharmaceuticals company Acino International for more than $200 million.

** Spain's Naturgy Energy Group SA and Algeria's Sonatrach have agreed to buy Abu Dhabi state fund Mubadala's 42.09% stake in the Medgaz pipeline, which carries natural gas from Algeria to Spain, Naturgy said. The deal values the infrastructure at 1.9 billion euros including debt. (Compiled by Praveen Paramasivam and Sanjana Shivdas in Bengaluru)

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