Aug 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
** State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion) currently in smaller rival Yes Bank YESB.NS , four sources with direct knowledge said.
** Telecom Italia (TIM) TLIT.MI has struck a deal worth 250 million euros ($273 million) to sell its indirect holding in Italian telecoms tower company INWIT INWT.MI to a consortium led by French infrastructure fund Ardian.
** Australia's Orora Ltd (ORA) shares spiked more than 15% after it said it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star Fund, claiming the offer materially undervalues the packaging products maker.
** Engineering and professional services firm WSP Global WSP.TO said on Monday it would acquire U.S.-based Power Engineers for $1.78 billion.
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Last
$2.17 |
Change
0.030(1.40%) |
Mkt cap ! $2.765B | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.18 | $2.15 | $6.445M | 2.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11265 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 116136 | 2 |
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| ORA (ASX) Chart |