Deals of the Day- Mergers and Acquisitions
By Monday 1030 GMT, the following mergers, acquisitions, and dispositions had been reported:
BHP has abandoned its last-ditch attempt to acquire rival Anglo American to bolster its copper dominance, just two weeks ahead of the 60 billion dollar merger between Anglo and Teck Resources.
Monash IVF Group has announced that it rejected an offer by a consortium which valued the Australian fertility service provider at A$311.7m ($201.11m), sending its share price to a six-month peak.
Qube Holdings announced that Macquarie Asset Management - a Macquarie unit - submitted a nonbinding proposal for the acquisition of all Qube shares issued at A$5.20 per share in cash, which valued the company at A$11.6 billion ($7.49billion), including debt.
(source: Reuters)