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Offers of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 13:30 GMT on Wednesday:

** International Distributions Solutions stated Czech billionaire Daniel Kretinsky's investment car EP Group has raised its proposal to purchase the owner of Royal Mail, valuing it at about 3.5 billion pounds ($ 4.42 billion).

** Business owner and previous Los Angeles Dodgers owner Frank McCourt said his company, Project Liberty, is forming a consortium to purchase social media platform TikTok in the United States.

** Britain's competition regulator referred Japan-based DJ devices maker AlphaTheta's proposed deal to obtain New Zealand's Serato to a lengthier probe.

** A consortium led by Malaysia's sovereign wealth fund and pension fund provider revealed a conditional deal to take Malaysia Airports Holdings Berhad (MAHB) private, in a. offer worth about $3.9 billion.

** Malaysia's Axiata and conglomerate Sinar Mas. are in speak with combine their telecommunications operations in. Indonesia to develop an about $3.45 billion entity, the Malaysian. firm said, as it seeks to take advantage of the growing demand in the. regional telecom sector.

** SoftwareOne has brought in the interest of. prospective buyers given that a brand-new supervisory board was designated. last month, the Swiss IT company said.

** Germany's Siemens will offer its Innomotics. big motors and drives division to monetary financier KPS. Capital Partners for 3 billion euros ($ 3.25 billion), company. daily Handelsblatt reported, mentioning financial sources.

** Chinese electric car maker Aiways will go public by means of. a merger with U.S. special purpose acquisition business Hudson. Acquistion Corp in a deal that must value the company. around $400 million, the 2 business stated.

** BHP Group's choices for its pursuit of rival. miner Anglo American include sweetening its $42.7. billion buyout offer, making a hostile quote or walking away for. now as it approaches a May 22 due date to lodge a binding deal.

** Novo Holdings, the managing investor of Danish. weight problems drugmaker Novo Nordisk, stated it would purchase a. controlling stake of about 60% in Single Use Support, an. Austria-based life science tools business.

** Nippon Steel's offer to buy U.S. Steel has. no opportunity of winning government approval in the middle of continued. opposition from the United Steel Workers union and needs to be. deciphered, the CEO of rival suitor Cleveland-Cliffs. said on Tuesday.

** A pair of U.S. banking regulators announced on Tuesday. they would be hosting a public meeting on July 19 to get. input on the proposed acquisition of Discover Financial Solutions. by Capital One Financial Corporation.

(source: Reuters)