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India

Mergers & Acquisitions

UPDATE 4-Brazil approves $3.9 bln BM&FBovespa-Cetip tie-up

BRASILIA/SAO PAULO, March 22 Brazil's antitrust watchdog Cade on Wednesday approved financial bourse BM&FBovespa SA's takeover of rival clearinghouse Cetip SA Mercados Organizados, and will not require any antitrust measures beyond those the firms proposed themselves.

Kabbage looks to raise money for acquisitions -sources

March 22 Small U.S. business online lender Kabbage Inc is in talks to raise a new round of equity funding that could be used for potential acquisitions at a time when many of its peers face funding challenges, people familiar with the matter said.

BRIEF-Seventy Seven Energy Inc says will hold a special meeting of its stockholders

* Seventy Seven Energy Inc says will hold a special meeting of its stockholders in connection with proposed merger with Patterson-UTI Energy on April 20 Source text for Eikon: Further company coverage:

5:13am IST

UPDATE 3-Amazon to buy Middle Eastern online retailer Souq.com -sources

DUBAI, March 22 Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle East's online shopping market, sources familiar with the deal said on Wednesday.

3:25am IST

BRIEF-United Bancshares, Benchmark Bancorp enter plan of merger on March 22 - SEC filing

* United Bancshares Inc - on March 22 co, Benchmark Bancorp entered into an agreement and plan of merger - SEC filing

3:23am IST

BRIEF-P10 Industries files for reorganization under Chapter 11

* P10 Industries Inc.,formerly Active Power Inc., files for reorganization under Chapter 11, announces new investor, while preserving shareholder value

BRIEF-Immunotec enters into agreement to be acquired

* Immunotec Inc - Deal for a cash consideration of $0.485 per share

3:02am IST

BRIEF-Total Energy Services announces acquisition of shares of Savanna Energy Services

* Announces acquisition of shares of Savanna Energy Services Corp. on the TSX

2:51am IST

Dole CEO reaches $74 mln settlement over 2013 buyout

March 22 David Murdock, the 93-year-old billionaire chief executive of Dole Food Co, has reached a $74 million settlement of claims that he shortchanged shareholders in 2013 when he took the produce company private in a $1.2 billion buyout.

BRIEF-Washington REIT to acquire 600 New Hampshire Avenue in Washington DC

March 22 Washington Real Estate Investment Trust -

2:22am IST