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Deals of the day-Mergers and acquisitions



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Sept 20 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:


** Austria's Raiffeisen Bank International RBIV.VI will exit the Belarusian market with the sale of Priorbank JSC, it said, announcing an agreement with Soven 1 Holding Limited, which will buy the bank's 88% stake in the business. nTUC1SCFV9


** Taiwan's CTBC 2891.TW has dropped its bid to acquire rival Shin Kong 2888.TW, the financial conglomerate said, citing objections from regulators. nL4N3L20O4


** U.S. IT communications specialist Viavi Solutions is considering whether it could make another bid for telecoms testing group Spirent Communications if a takeover by its rival Keysight Technologies fails, sources familiar with the matter said. nL8N3KR0D4


** Lottomatica LTMC.MI shareholder Gamma Intermediate completed the sale of a 6% stake in the group at a price of 11.10 euros per share ($12.39) through an accelerated bookbuilding launched late on Thursday, the Italian betting firm said. nL8N3L206D


** French bank Societe Generale SOGN.PA said it had reached a deal with Atlantic Financial Group for the sale of a 57.93% stake in its Guinean unit. nL1N3L205Z


(Compiled by Rajarshi Roy and Ananta Agarwal in Bengaluru)

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