Deals of the day-Mergers and acquisitions

(Adds Boeing, T-Mobile)

April 27 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Boeing Co is nearing a deal to buy aerospace parts company KLX Inc to expand into the aircraft-services business, the Wall Street Journal reported on Friday, citing people familiar with the matter.

** E.ON published its 5.2 billion euro ($6.28 billion) takeover offer for a minority stake in German energy group Innogy, part of a plan to break up the RWE subsidiary.

** Japan’s Fujifilm Holdings Corp and U.S. firm Xerox Corp have reopened talks on their $6.1-billion merger and are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms.

** Chinese authorities have given the green light for Zhejiang Geely Holding’s purchase of an 8.2 percent stake in Swedish truckmaker AB Volvo, Swedish public service radio cited a Geely senior executive as saying.

** Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said.

** Japan’s Kobe Steel Ltd said it will sell 75 percent of its stake in its real estate unit to two Japanese real estate firms for 74 billion yen ($678 million).

** Swedish engineering group Sandvik said on Friday it would buy French software company Metrologic Group for 360 million euros ($435 million) on a cash and debt-free basis to boost its digital manufacturing capabilities.

** The United Arab Emirates satellite operator Yahsat said it reached a deal to acquire a majority stake in fellow operator Thuraya.

** National Bank of Greece, the country’s second-largest lender by assets, said it would continue the process for the sale of its wholly-owned insurance subsidiary National insurance.

** Canadian miner Agnico Eagle Mines Ltd said it is planning to divest all of its cobalt assets in Canada and that it sold some gold interests in the United States.

** U.S. wireless carriers T-Mobile US Inc and Sprint Corp are finalizing terms as they seek to sign a merger deal in the next three days, people familiar with the matter said. (Compiled by Akankshita Mukhopadhyay and Diptendu Lahiri in Bengaluru)



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