** Toronto-Dominion Bank's handling of "suspicious"
customer transactions was behind regulators' refusal to approve
the lender's $13.4 billion deal to buy First Horizon ,
the Wall Street Journal reported, citing people familiar with
the matter.
** French shipping group CMA CGM has committed to
buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5
billion), the two companies said.
** Baxter International Inc said a private-equity
group, which includes Warburg Pincus and Advent International,
has agreed to buy its biopharma solutions unit for $4.25
billion.
** Canaccord Genuity Group Inc's management-led
group, which has offered to take the company private, gave no
assurance of completing its C$1.13 billion ($850 million) deal
due to delays in securing regulatory approvals.
** Brazilian petrochemical producer Braskem SA said its controlling shareholder Novonor has received
a non-binding offer for the firm, which will now be "analyzed
alongside other interested parties".
** HSBC has agreed to buy out its China fund
management joint venture partner, two people familiar with the
matter said, as the Asia-focused bank pushes ahead with
expansion in the world's second-largest economy.
** Berkshire Hathaway, the investment company owned by
Warren Buffett, has sold 1.96 million Hong Kong-listed shares of
electric vehicle maker BYD for HK$462.09
million ($58.9 million), a stock exchange filing showed.
** German chemicals company Wacker Chemie said it
has acquired 100% of the shares of contract manufacturing
company ADL BioPharma.
** Qualcomm Inc said that it would acquire Israel's
Autotalks Ltd, a maker of chips used in crash-prevention
technology in vehicles, as the U.S. firm looks to expand its
automotive-related business.
** Australian pension fund UniSuper said it paid A$1 billion
($677 million) for an indirect 5% stake in newly privatised
European telecom masts business Vantage Towers , as it
looks to expand infrastructure and private investments globally.
** Japan's Hamamatsu Photonics KK said that Danish
authorities had rejected a European subsidiary's application to
acquire Copenhagen-based fibre laser manufacturer NKT Photonics
A/S from NKT A/S .
** A private equity consortium comprising Warburg Pincus and
Advent International is in advanced talks to acquire medical
device maker Baxter International Inc's biopharma
solutions business in a deal that could reach or exceed $4
billion, people familiar with the matter said on Sunday.
** Warren Buffett said on Saturday that Berkshire Hathaway
Inc is not planning to acquire Occidental Petroleum
Corp but remains happy with its large investment in the
oil company. (Compiled by Rajarshi Roy and Aditya Samal in Bengaluru)
May 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1945 GMT on Monday:
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