Mergers and acquisitions

About this update from Sumitomo Chemical India Ltd.

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** Porsche SE XETR:PAH3, Volkswagen's biggest shareholder, is considering investing in the carmaker's Everllence diesel engine division that has been put up for sale, the Financial Times reported, citing people familiar with the matter. ** Italian tech company Bending Spoons said on Wednesday it will acquire AOL from Yahoo, which is backed by Apollo Global Management NYSE:APO, adding a storied internet brand to its growing portfolio of digital businesses.** Anglo American's LSE:AAL plan to sell its nickel operations in Brazil to a unit of Hong Kong-listed MMG HKEX:1208 faces a full-scale EU antitrust investigation after regulators rejected the companies' remedy offer, a person with direct knowledge of the matter said on Wednesday.** Hitachi Energy has acquired a minority stake in Shermco, a U.S. electrical services company recently bought by Blackstone NYSE:BX, Hitachi Energy told Reuters on Wednesday, in a deal aimed at creating the largest grid services provider in North America.** Egypt's Kemet Industries Group signed a memorandum of understanding with Emirati-Chinese Al Qalaa Red Flag group to build three industrial projects in Suez Canal Economic Zone's Ain Sokhna Industrial Zone, SCZONE said in a statement on Wednesday.** Thermo Fisher NYSE:TMO said it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S.** Investment banking giant Morgan Stanley NYSE:MS said it will buy private shares platform EquityZen, as Wall Street races to meet growing investor demand for stakes in fast‑growing startups.** Jamf said that private equity firm Francisco Partners has agreed to take the device management software maker private in an all-cash deal valued at $2.2 billion, sending its shares up over 15% in premarket trading.** Japan's Sumitomo Corp said it would spend about 881.7 billion yen ($5.85 billion) to turn SCSK , an IT service company, into a wholly owned subsidiary.** Japanese technology group NEC will pay about $2.89 billion to acquire U.S.-based telecoms and broadband software company CSG Systems , it said.** Chinese private equity firm Boyu Capital has emerged as the frontrunner to buy a controlling stake in Starbucks' China business in a deal...

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