Deals of the day-Mergers and acquisitions – Investing.com India

Deals of the day-Mergers and acquisitions – Investing.com India

(Adds Sinclair Capital, SK Hynix, Borsa Italiana and Aroundtown; updates Thermo Fisher, Cia Hering and Creval)April 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Sinclair Capital will not tender its shares in Italy's Cerved under a buyout offer ION Group is about to launch because the price is not adequate, founder Massimo Stabilini told Reuters, the first investor to express a view on the bid. Shares in Brazilian apparel retailer Cia Hering soared more than 25% in morning trading after it rejected an unsolicited merger offer from competitor Arezzo Industria e Comercio SA . EU antitrust enforcers will decide by May 20 whether to clear South Korean chipmaker SK Hynix Inc 's $9 billion buy of Intel Corp 's NAND memory chip business, according to a European Commission filing. Consob gave a green light to pan-European stock market operator Euronext 's takeover of Borsa Italiana, a source close to the Italian market regulator said. A top executive at German real estate company Aroundtown said its proposed 1.57 billion euro ($1.88 billion) takeover bid, made with partner CPI Property , for