
Deals of the day-Mergers and acquisitions

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Several significant mergers and acquisitions were reported: Safran is selling its in-flight entertainment unit to Kingswood Capital Management; Elliott Investment Management acquired a 5.01% stake in Toyota Industries; Lingbao Gold Group is buying a 50% stake in St Barbara Mining for A$370 million; and Lai Sun Development is selling a 50% interest in a Hong Kong office tower to JD.com for HK$3.5 billion.
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