UPDATE 1-Deals of the day -- mergers and acquisitions
(Recasts; adds Ranbaxy, DME)
Oct 14 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Tuesday. (For Reuters columns on deals, click on [DEALTALK\] )
** India's Ranbaxy Laboratories RANB.BO, which has agreed to be taken over by Japan's Daiichi Sankyo (4568.T: Cotización) for $4.6 billion, expects to close the deal by the end of December, its chief executive said.
To read more, please double click on [ID:nBMA001604]
** JP Morgan (JPM.N: Cotización) has taken an equity stake in the Dubai Mercantile Exchange (DME), the market said in a statement. [ID:nLE715782]
** South Korea's POSCO (005490.KS: Cotización) said it would go ahead with bidding for Daewoo Shipbuilding (042660.KS: Cotización) after consortium partner GS Group suddenly dropped out of the contest on Monday. [nSEO219539]
(Compiled by Tina Kwan in Singapore and Mary Meyase in Bangalore)
© Thomson Reuters 2016 All rights reserved.