June 15, 2020 / 10:04 AM / 24 days ago

Deals of the day-Mergers and acquisitions

(Adds Verbund, Travelex, London Stock Exchange, 58.com, First Horizon National)

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

** The U.S. Federal Reserve announced it had approved a merger between First Horizon National Corp and IBERIABANK Corp.

** Austrian utility Verbund has made a binding offer for OMV's 51% stake in gas pipeline operator Gas Connect Austria, it said.

** Travelex has terminated a sale process as the offers it received were "unacceptable" to its revolving credit facility lenders and holders of senior secured notes, the troubled currency services provider said.

** The London Stock Exchange will not offer concessions to EU antitrust regulators reviewing its $27 billion bid for data and analytics company Refinitiv, two people familiar with the matter said, a move which will likely trigger a four-month probe.

** Chinese online classifieds 58.com Inc said it would be taken private by a consortium of investors, backed by private equity firms Warburg Pincus and General Atlantic, in a deal that valued the company at about $8.7 billion.

** Indian private lender Lakshmi Vilas Bank said it had been approached by Clix Capital but gave no details after local media reported that the finance company had proposed taking a significant stake in LVB.

** French media group Lagardere is looking to sell its live entertainment assets including the famous Les Folies Bergeres cabaret for some 70 million euros ($79 million), French daily Les Echos reported on its website.

** British drugmaker AstraZeneca Plc has struck a deal with contract manufacturer Catalent Inc to help meet its global target of supplying two billion doses of its potential COVID-19 vaccine.

** Germany will take a stake in unlisted biotech firm CureVac, which is working on a COVID-19 vaccine, Economy Minister Peter Altmaier said, confirming an earlier Reuters report.

** British challenger bank Metro is in exclusive early stage talks to buy peer-to-peer lender RateSetter, the bank said in response to media speculation.

** Italy's Intesa Sanpaolo has agreed to sell more branches and assets to rival BPER to try to overcome antitrust objections to its proposed takeover of UBI Banca .

** Qantas Airways Ltd's low-cost arm Jetstar said it planned to cease being a shareholder in its Jetstar Pacific joint venture in Vietnam with Vietnam Airlines JSC in coming months, subject to approvals.

** Fast-growing Swedish cloud computing services provider Sinch AB said it had agreed to buy Indian firm ACL Mobile for about $70 million (INR 5,350 million) in cash, its third large acquisition since the start of March. (Compiled by Praveen Paramasivam and Trisha Roy in Bengaluru)

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