News: PEK Deals of the day-Mergers and acquisitions

(Updates Informa)

July 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

		** Britain's Informa  INF.L  said it had reached a deal 
to buy Cannes Lions Festival owner Ascential  ASCL.L  for 1.2 

billion pounds ($1.6 billion), adding the flagship ad industry conference to its portfolio of events.

** Australia's Peak Rare Earths (PEK) said Chinese miner Shenghe Resources 600392.SS would acquire a 50% stake in an U.K.-based firm that owns 84% of its Ngualla project in Tanzania.

** Robert Bosch has agreed to acquire Johnson Controls' JCI.N and Hitachi's 6501.T residential ventilation businesses for $8 billion, it said on Tuesday, in what will be the German engineering group's largest takeover to date.

** Isaac Perlmutter, one of the largest investors in Walt Disney DIS.N , has sold his entire stake in the media company after losing the proxy fight, the Wall Street Journal reported on Tuesday.

** Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet GOOGL.O on a reported $23 billion deal that would have made it the U.S. tech giant's largest-ever acquisition, according to a Wiz memo seen by Reuters.