Deals of the day-Mergers and acquisitions
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Several mergers and acquisitions were reported: Warburg Pincus and Bharti Enterprises to buy 49% of Haier India; Sanofi to acquire Dynavax Technologies for $2.2 billion; PIA to be privatized; McGowan Companies acquired Westcap Insurance Services; BP selling 65% of Castrol to Stonepeak for $6 billion; LGES selling Ohio assets to Honda; Sapporo Holdings selling real estate business for $3.06 billion; Korea Zinc's share issue plan upheld; Petroliam Nasional to supply LNG to CNOOC; Monash IVF takeover proposal withdrawn; BayWa AG selling Cefetra for €125 million.
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