January 28, 2020 / 10:32 AM / a month ago

Deals of the day-Mergers and acquisitions

(Adds BorgWarner, Semperit; Updates Philips)

Jan 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** U.S. auto parts maker BorgWarner Inc agreed to buy UK-based Delphi Technologies Plc in a $3.3 billion deal, in a bid to expand in a growing market for hybrid and electric vehicles.

** Private equity firm Blackstone Group has raised its proposed offer for Unizo Holdings by 12% to 191.6 billion yen ($1.75 billion), topping a rival bid from Lone Star that is backed by the Japanese hotelier.

** Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company’s range of hospital equipment and personal health products.

** Austrian rubber group Semperit plans to sell its health business as part of its transformation into an industrial rubber specialist.

** French bank Credit Agricole said it had agreed to buy a majority stake in fintech firm Linxo Group, for an undisclosed sum.

** French energy group Total said it had agreed to sell a 50% equity stake in a portfolio of solar and wind energy assets to Banque des Territoires.

** Russian company A-Property said it had formally requested permission from the country’s anti-monopoly regulator to buy a 100% stake in the Elga coal project owned by miner Mechel and lender Gazprombank.

** Brazil’s government said on Monday it has raised 1.06 billion reais ($252 million) from a sale of shares in state-run Banco do Brasil SA carried out last week via the BNDES national development bank.

** Brazilian antitrust regulator Cade on Monday approved Boeing Co’s purchase of Embraer SA’s commercial aviation division without restrictions, according to a statement on the agency’s website.

Compiled by Arundhati Sarkar in Bengaluru

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