Deals of the day-Mergers and acquisitions
Adds Prataap Snacks
Dec 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday:
** India's competition regulator approved the acquisition of a 72.8% stake in snack maker Prataap Snacks PRAT.NS by Authum Investment & Infrastructure AUTH.NS and investor Mahi Madhusudan Kela.
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** Hong Kong's CTF Services 0659.HK, part of the conglomerate owned by billionaire tycoon Henry Cheng and family, is in early talks with China's state-owned Yuexiu Group to sell a bundle of toll roads worth $2 billion, Bloomberg News reported.
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** SiriusPoint has entered into an agreement to repurchase all of its common shares and warrants held by CMIG subsidiary CM Bermuda – the former owner of Sirius – for $733 million.
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(Compiled by Rajarshi Roy and Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com))
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