
Deals of the day-Mergers and acquisitions

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British broadcaster ITV is in talks with Sky for a potential sale of its media unit for £1.6 billion. Singapore Telecommunications has sold a 0.8% stake in Bharti Airtel for S$1.5 billion as part of its asset restructuring. KKR & Co and Singapore Telecommunications are in advanced talks to acquire over 80% of ST Telemedia Global Data Centres for over S$5 billion, aiming for full ownership.
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