UPDATE 3-Deals of the day -- mergers and acquisitions
** Toromont Industries Ltd (TIH.TO) formalized its hostile takeover offer for Enerflex Systems Income Fund (EFX_u.TO), after its talks with the supplier of equipment for the oil and gas industry failed to bear fruit. [ID:nN12405147]
** French utility EDF (EDF.PA) won permission from European Union regulators to acquire Belgium's Segebel, subject to EDF's divestment of some assets in a planned power station project. [ID:nLC576323]
** Commodities merchant ED&F Man said its Paris-based Eurosugar joint venture with France's Cristal Union and Germany's Nordzucker will be terminated at the end of this year. [ID:nLC499142]
** Croatia's oil group INA INA.ZA (HINAq.L) put its small fuel retailer up for sale following an order by the country's anti-trust agency. [ID:nLC61847]
** Middle East and North Africa-focused drug firm Hikma (HIK.L) said it could sign a joint venture with a top pharmaceutical company within three months, and added sales had improved after a slow third quarter. [ID:nLC361606]
** Critical Information Group (CIG.L) said it would not proceed with a takeover offer for British business publisher Centaur Media Plc (CAU.L). [ID:nBNG58383]
** Bosnia's Muslim-Croat federation government ordered a probe into the sale of fuel retailer Energopetrol to a consortium of Hungary's MOL MOL.BU and Croatia's INA INA.ZA. [ID:nLC478148] (Compiled by Tina Kwan in Singapore and Shobhana Chadha and Fareha Khan in Bangalore)
