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Mergers & Acquisitions

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UPDATE 2-China-backed fund shunned by Trump to buy British chip maker

Sept 22 Canyon Bridge Capital Partners, the China-backed buyout fund that was barred last week by U.S. President Donald Trump from buying a U.S. chip maker, said it would purchase British chip designer Imagination Technologies Group Plc.

CBFI to buy Imagination Technologies for 550 mln stg

Sept 22 British firm Imagination Technologies Group PLC said on Friday CBFI Investment Limited will buy the company for a price of 182 pence per share, valuing it at about 550 million pounds ($742.50 million).

Regulatory News 22 Sep 2017

UPDATE 2-Pladis passes on Nestle's candy in favour of upmarket push

* Aims to double chocolate sales by the end of 2019 (Recasts with decision not to bid for Nestle assets)

Regulatory News 22 Sep 2017

UPDATE 1-Central Asia Metals to buy Lynx Resources for $402.5 mln

LONDON, Sept 22 Kazakhstan-focused copper miner Central Asia Metals said it would buy Bermuda-based Lynx Resources Ltd in a $402.5 million reverse-takeover deal from its owners.

22 Sep 2017

UPDATE 1-Unilever strikes deal over South African spreads business

* Unilever aiming for bigger spreads deal by end '17/early '18

Regulatory News 22 Sep 2017

RPT-Unilever strikes deal over South African spreads business

LONDON, Sept 22 Unilever and South African investment holding company Remgro on Friday announced a 11.9 billion rand ($901 million) deal that sees Unilever trade its spreads business in southern Africa for Remgro's stake in its South African subsidiary.

Regulatory News, 22 Sep 2017

JPMorgan picks Warsaw for new operations centre -Polish deputy PM

WARSAW, Sept 22 U.S. bank JPMorgan Chase has chosen Warsaw to host a new global operations centre that will employ several thousand people over the next couple of years, Polish Deputy Prime Minister Mateusz Morawiecki said on Friday.

Regulatory News 22 Sep 2017

German bridge loan for Air Berlin not yet exhausted - EconMin

BERLIN, Sept 22 Insolvent German airline Air Berlin has not yet exhausted a 150 million euro ($179 million) bridge loan, a spokeswoman for the Economy Ministry said on Friday.

Bankruptcy 22 Sep 2017

UPDATE 3-Air Berlin to hold carve-up talks with Lufthansa, easyJet

* Talks over other Air Berlin assets to continue with others (Recasts with details from Air Berlin statement)

Bankruptcy 22 Sep 2017

UPDATE 1-Former Airbus UK chief tapped for senior role at Cobham

PARIS, Sept 21 Former Airbus UK President Paul Kahn is set to be appointed to a top sector position at Cobham Plc, helping Chief Executive David Lockwood lead a turnaround of the struggling British defence supplier, two industry sources said.

21 Sep 2017

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