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Deals of the day-Mergers and acquisitions
Reuters
2 hrs ago
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May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1445 GMT on Friday:
Travis Perkins, Britain s biggest seller of building materials, will return cash to shareholders after selling its plumbing and heating business to an affiliate of investment firm H.I.G. Capital for 325 million pounds ($461 million).
Italian payments group Nexi is in talks with Alpha Bank to take a stake in the Greek bank s retailers payment business, four sources close to the matter said.
Biffa said it would buy the collections business and certain recycling assets from Viridor Waste Management Ltd for 126 million pounds ($178.87 million), as the waste-management specialist solidifies its position in the UK. ....

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