TIE 0.37% 67.8¢ tietto minerals limited

News: TIE Deals of the day-Mergers and acquisitions

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    April 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

    ** Link Administration's (LNK) investors approved Mitsubishi UFJ Financial Group's 8306.T A$1.2 billion ($781.68 million) buyout bid at a shareholder meeting .

    ** Abu Dhabi state-controlled fund ADQ is acquiring a 49% stake in Australian infrastructure investor Plenary Group, the two companies announced in a deal Australian media reported was worth around A$1 billion dollars ($651 million).

    ** China's Zhaojin Mining Industry 1818.HK said that its A$733 million ($477.8 million) offer to buy Australia's Tietto Minerals (TIE) has become unconditional.

    ** South Korean petrochemical company LG Chem 051910.KS denied a media report saying it is considering merging its naphtha cracker business with rival Lotte Chemical 011170.KS .

    ** Australia's Cleanaway Waste Management (CWY) said it was not in discussions with industrial conglomerate Seven Group Holdings (SVW) over a potential takeover of the waste disposal firm amid media reports over a deal.

 
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