SKI 0.00% $2.87 spark infrastructure group

News: SKI Deals of the day-Mergers and acquisitions

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    Aug 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

    ** Canadian Pacific Railway Ltd CP.TO plans to make a new, increased offer for Kansas City Southern KSU.N , valuing the U.S. railroad operator at about $27 billion, the Wall Street Journal reported, citing people familiar with the matter.

    ** Talos Energy Inc TALO.N has withdrawn from a consortium with EIG Global Energy Partners, Enauta Participacoes SA ENAT3.SA and 3R Petroleum Oleo e Gas SA RRRP3.SA , and the group has submitted a binding offer to Petrobras PETR4.SA for the Albacora and Albacora Leste oilfields in Brazil, five sources with knowledge of the matter said.

    ** Spark Infrastructure Group (SKI) said it had agreed to let Canadian pension fund Public Sector Pension Investment Board to join a consortium that was looking to buy the Australian electricity infrastructure investor.

    ** Metals trader Kloeckner & Co KCOGn.DE said there were no talks with larger peer Thyssenkrupp TKAG.DE about consolidation, adding the group's main focus was growing organically.

    ** British business software provider Marlowe Plc MRLM.L dropped its pursuit of Restore Plc RSTP.L , weeks after the office services provider rejected its 743-million-pound ($1 billion) takeover bid.

 
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