ReutersReuters

Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestment plan so they have time to decide which asset sales would go ahead in the coming years, transition team member Mauricio Tomalsquim said.

** Microsoft MSFT is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69 billion bid for "Call of Duty" maker Activision Blizzard (ATVI.O), people familiar with the matter said.

** Yahoo Inc will buy nearly 25% of Taboola.com Ltd TBLA and become its largest shareholder in a deal allowing the online advertising company to exhibit paid content on the web portal's many sites.

** Shell SHEL said it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas.

** Embattled property developer China Evergrande Group 3333 said its unit has entered into a deal to sell a piece of commercial land in Shenzhen for 7.54 billion yuan ($1.05 billion).

** Italian coffee maker Lavazza said it had made a binding offer to acquire French coffee seller MaxiCoffee to strengthen its position in France and in e-commerce.

** Philip Morris International (PMI) PM said it now owned a big enough stake in Swedish Match (SWMA.ST) to initiate a compulsory redemption of remaining shares in its Swedish peer and would take it off the stock market.

** Kroger KR CEO Rodney McMullen and Albertsons' ACI top executive, Vivek Sankaran, will face questions this week on plans for the two giant grocery companies to merge in a $25 billion deal, Senator Amy Klobuchar's office said in a statement.

** Private equity firms PAG and Platinum Equity are among bidders vying for Advent International's stake in Singaporean tuition chain The Learning Lab that could fetch up to $500 million, two sources with knowledge of the matter told Reuters.

** Link Real Estate Investment Trust 823, Asia's biggest REIT, has emerged as the frontrunner to buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative Ltd, multiple sources told Reuters.

** French supermarket retailer Casino CO said that it had launched a stake sale in Brazilian cash-and-carry chain Assai ASAI3 as part of its general debt-cutting plans, lifting its struggling shares.

** Brenntag SE BNR said it held preliminary discussions with U.S. rival Univar Solutions Inc (UNVR.N) regarding a potential acquisition, as the German chemicals distributor seeks to expand its footprint in the United States.

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