Deals of the day-Mergers and acquisitions May 28 (Reuters | TEJGyan

Deals of the day-Mergers and acquisitions




May 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:


Domain Holdings Australia DHG.AX said on Friday it would join a consortium looking to acquire a 10% stake in online real estate platform PEXA's holding company, without naming who it was partnering with. 


Australia's BetMakers Technology Group Ltd BET.AX on Friday intensified a three-way bidding war for Tabcorp Holdings Ltd's TAH.AX wagering and media business, offering A$4 billion ($3.1 billion) for the struggling division. 


The head of Banca Mediolanum BMED.MI said the company will decide what to do with its stake in Mediobanca MDBI.MI once the intentions of Leonardo Del Vecchio, the biggest investor in the Milanese merchant bank, are clear. 


Tata Sons [RIC:RIC:TATAS.UL] has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon.com Inc AMZN.O, Walmart's WMT.N Flipkart and Reliance Industries RELI.NS. 


Japan's Renesas Electronics Corp 6723.T said it will raise 218.5 billion yen ($1.99 billion) through a new share issue to help the automotive semiconductors maker fund its planned $6 billion purchase of Dialog Semiconductor DLGS.DE. 


The Hungarian government wants to acquire a majority ownership stake in the country's main international airport in Budapest, the pro-government daily Magyar Nemzet reported on Friday, citing unspecified industry sources. 


** Quantum Group's 7.5 billion euro ($9.1 billion) bid for Volkswagen's VOWG_p.DE supercar brand Lamborghini still stands, the Swiss group's founding partner said on Friday, days after the German carmaker said the unit was not up for sale.