ReutersReuters

Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** Link Administration's LNK investors approved Mitsubishi UFJ Financial Group's 8306 A$1.2 billion ($781.68 million) buyout bid at a shareholder meeting .

** Abu Dhabi state-controlled fund ADQ is acquiring a 49% stake in Australian infrastructure investor Plenary Group, the two companies announced in a deal Australian media reported was worth around A$1 billion dollars ($651 million).

** China's Zhaojin Mining Industry 11818 said that its A$733 million ($477.8 million) offer to buy Australia's Tietto Minerals TTIE has become unconditional.

** South Korean petrochemical company LG Chem 051910 denied a media report saying it is considering merging its naphtha cracker business with rival Lotte Chemical 011170.

** Australia's Cleanaway Waste Management CWY said it was not in discussions with industrial conglomerate Seven Group Holdings SVW over a potential takeover of the waste disposal firm amid media reports over a deal.

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