Deals of the day-Mergers and acquisitions

Reuters08-20
Deals of the day-Mergers and acquisitions

Aug 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** India's Aurobindo Pharma <ARBN.NS> is leading the race to buy Prague-based drugmaker Zentiva <1SKF401E.BV> for up to $5.5 billion, the Economic Times reported, in what could be the largest-ever acquisition by an Indian pharmaceutical firm.

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** Shanghai Bright Power Semiconductor <688368.SS> has agreed to buy a 100% stake in a Chinese wireless charging chip maker for 3.28 billion yuan ($457 million) to further expand its products portfolio and enhance competitiveness, it said in a Shanghai stock exchange filing late on Tuesday.

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** Turkish Airlines <THYAO.IS> said on Tuesday that its offer for the acquisition of a minority stake in Spanish airline Air Europa has been accepted.

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(Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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