Deals of the day-Mergers and acquisitions

Reuters
03-21
Deals of the day-Mergers and acquisitions

March 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** BP BP.L said U.S.-based asset management firm Apollo Global's APO.N managed funds will buy a 25% non-controlling stake in its unit, BP Pipelines (TANAP), for about $1 billion. nL4N3Q40KL

** Australian property listings group Domain's DHG.AX largest shareholder, Nine Entertainment NEC.AX, confirmed it is in talks to sell its 60% stake as part of a A$2.65 billion ($1.7 billion) takeover from U.S. firm CoStar CSGP.O. nL4N3Q31O5

** Howden has continued its build-out in Scotland with the acquisition of a book of business from Edinburgh-based SKB Independent Insurance Brokers Limited. nL6N3Q40BX

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com))

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