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Deals of the day- Mergers and acquisitions

July 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

9:03pm BST

BRIEF-Moody's changes outlook on Microsoft to negative

* Moody's confirms Microsoft's Aaa senior unsecured rating; outlook changed to negative

Bonds, Regulatory News 8:54pm BST

Zenefits fined $62,500 by Tenn. regulators in first settlement on licensing

SAN FRANCISCO, July 25 Software startup Zenefits must pay the state of Tennessee $62,500 for violating insurance requirements, state officials said on Monday, marking the first settlement with regulators as the scandal-hit company seeks to redeem itself after revelations it had flouted the law.

8:05pm BST

Slovenian Gorenje says Panasonic may bid to take it over

LJUBLJANA, July 25 Slovenian home appliances maker Gorenje said on Monday it had signed a deal with Japanese consumer electronics firm Panasonic Corporation that could lead to Panasonic taking it over.

7:14pm BST

BRIEF-Avis Budget Group, TrueCar sign new partnership agreement

* Company, TrueCar announced signing of a new partnership agreement Source text for Eikon: Further company coverage:

7:01pm BST
ARM Holdings PLC 1,683.00p +0.30%
Sage Group PLC 697.00p +0.58%
Micro Focus International PLC 1,892.00p +1.61%


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