Deals of the day-Mergers and acquisitions
June 27 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
May 12 India's Arvind Smartspaces Ltd:
* March quarter consol net profit 170.8 million rupees versus profit 178.6 million rupees year ago
* March quarter consol net sales 994.5 million rupees versus 909.5 million rupees year ago Source text: (bit.ly/2qbkwjN) Further company coverage:
June 27 WPT Industrial Real Estate Investment Trust:
LONDON, June 27 The developers of a proposed circuit in South Wales with a contract to host a MotoGP race suffered a major blow on Tuesday when the Welsh government ruled out underwriting half of the costs.