October 9, 2018 / 9:59 AM / 2 months ago

Deals of the day-Mergers and acquisitions

(Adds Comcast, Edizione, Sumitomo)

Oct 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** U.S. cable company Comcast took control of Sky after it acquired the 39 percent of the company owned by Twenty-First Century Fox, the rival it defeated with a $40 billion knock-out bid for the European pay-TV group last month.

** Edizione, the holding company of Italy's Benetton family, said it had sold 20 percent of an investment vehicle through which it holds 29.9 percent of Spanish tower group Cellnex to a unit of Singapore's sovereign fund GIC.

** Japan's Sumitomo Corp said it had acquired the remaining 35-percent stake it did not already own in Agro Amazônia, a leading agricultural products supplier in Brazil's No. 1 soy producing state of Mato Grosso.

** Western Australia state will sell its horse-race betting business and levy a new tax on foreign bookmakers, the state treasurer said.

** Lactalis, the world's largest dairy firm, said it had agreed to buy the chilled dairy business of Nestle in Malaysia in a deal worth about $40 million.

** Poland's state-run fund PFR has agreed to buy back its mountain cable car operator PKL from private equity fund Mid Europa Partners for an undisclosed sum.

** Swiss specialty chemicals maker Clariant expects to raise 1 to 2 billion Swiss francs ($2.01 billion) from selling portions of its plastics and coatings business, Chief Executive Hariolf Kottmann said in an interview with the Tages-Anzeiger newspaper.

Compiled by Aakash Jagadeesh Babu in Bengaluru

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