Deals of the day-Mergers and acquisitions
PLD•M&A and disposal updates reported by Reuters
July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
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U.S. logistics firm Prologis offered to buy Segro for about £14 billion ($18.8 billion), or £10.32 per share in a last-minute approach ahead of a takeover deadline.
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South African retailer Pepkor Holdings said it will combine its fintech subsidiary Flash with payments platform Shop2Shop, creating a merchant commerce and financial technology company that it plans to list separately in future.
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Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer by output, in a deal indicated at around $1.33 billion.
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Navacord has announced the acquisition of Steers Insurance Limited, marking the Canadian broker’s expansion into Newfoundland and Labrador.
