January 13, 2020 / 11:02 AM / 7 days ago

Deals of the day-Mergers and acquisitions

Jan 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday:

** Travis Perkins, Britain’s biggest building materials group, has sold its wholesale plumbing and heating business to Newbury Investments, a specialist distribution group, for 46 million pounds ($59.7 million), it said.

** Hexcel Corp, a composites technology company, and aircraft and industrial parts maker Woodward Inc said on Sunday they would combine in an all-stock merger of equals to create an integrated systems provider for the aerospace and industrial sectors.

** German conglomerate Thyssenkrupp AG has stepped up efforts to sell its Industrial Solutions unit, which builds plants and industrial sites, the Financial Times newspaper reported on Sunday.

Reporting by Amal S in Bengaluru

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