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Deals of the day-Mergers and acquisitions



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Adds: TC Energy, UPS, Lufthansa, British hedge Updates: AngloGold Ashanti

Sept 10 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:


** TC Energy's TRP.TO C$1 billion ($736.92 million) deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said.

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** UPS UPS.N said it would acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount to boost its healthcare cold-chain facilities in Europe.

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** AngloGold Ashanti AU.N will buy Egypt-focused smaller rival Centamin CEY.L in a $2.5 billion stock and cash deal, the companies said, as the U.S.-listed global miner expands its operations in Africa.

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** German airline Lufthansa LHAG.DE is considering taking a stake in Latvia's state-owned carrier airBaltic ahead of its IPO, a source familiar with the matter told Reuters.

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** British hedge fund founder Paul Marshall has bought The Spectator political magazine for 100 million pounds ($131 million), seller RedBird IMI said.

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** Australia's Mineral Resources MIN.AX said that it got approval from the Foreign Investment Review Board (FIRB) for the sale of a 49% stake in its Onslow Iron Project's haul road for A$1.3 billion ($865.3 million).

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** Investment fund CVC CVC.AS is in talks to buy a majority stake in Spanish pharmaceuticals firm Rovi's ROVI.MC third-party manufacturing business, Expansion newspaper reported, citing unidentified market sources.

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** South Korean battery maker Samsung SDI 006400.KS said it had decided to sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($836.47 million).

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** The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's TPR.N $8.5 billion merger with rival handbag maker Capri Holdings CPRI.N at a trial on Monday, arguing it will eliminate fierce head-to-head competition in the market for "accessible luxury".

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** U.S. lender NBT Bancorp NBTB.O has agreed to buy Evans Bancorp EVBN.A in a deal that values it at nearly $236 million, as it looks to expand its footprint in western New York.

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(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

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