March 3, 2020 / 10:35 AM / a month ago

Deals of the day-Mergers and acquisitions

(Adds Sysco)

March 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** EBay Inc is looking to sell its South Korean unit, which includes Gmarket, one of the largest online marketplaces in the country, in a deal that could fetch nearly $5 billion, a Seoul-based newspaper reported.

** Thermo Fisher Scientific Inc has agreed to buy German genetic testing company Qiagen, in a $11.5 billion deal as the U.S.-based group looks to bolster its health diagnostic business.

** U.S. food distributor Sysco has contacted Metro about a potential takeover of the German wholesaler, two people close to the matter told Reuters.

** Marex Spectron has purchased scrap metals company Tangent Trading Ltd, the first entry of the commodities broker into a sector it sees having growth potential due to increasing focus on sustainability.

** U.S.-based private equity firm Clayton, Dubilier & Rice has agreed to buy British healthcare marketing and services company Huntsworth for about 400 million pounds ($511 million) in a bet on continued strong growth in global healthcare markets.

** Chinese steelmaker Jingye Group said it will complete its buyout of British Steel, with 1.2 billion pounds ($1.5 billion) of investment, despite uncertainty over the control of British Steel's French unit.

** Ukraine will sell its only state-run grain company DPZKU, Ukrainian government said. (Compiled by Ayanti Bera and Manojna Maddipatla in Bengaluru)

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