March 25, 2020 / 10:30 AM / 5 days ago

Deals of the day-Mergers and acquisitions

(Adds J&J, updates FSP)

March 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** EU antitrust regulators have opened a full investigation into Johnson & Johnson’s acquisition of Takeda Pharmaceutical’s surgical patch product TachoSil, concerned that the deal could lead to reduced choice and higher prices for customers.

** French mutual fund Fonds Strategique de Participations (FSP), which is backed by insurance companies, has built a 4% stake in car equipment maker Valeo as part of a wider plan to support companies through the coronavirus crisis.

** Japanese trading house Mitsubishi Corp and Chubu Electric Power said on Wednesday they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24.

** German property group Deutsche Wohnen has agreed to acquire the bulk of the operations of peer Isaria for 600 million euros ($649 million), it said on Wednesday.

** Infrastructure investor First State has agreed to buy a 45% stake in German utility MVV stake from EnBW and Rheinenergie, people close to the matter said. (Compiled by Trisha Roy and Shradha Singh in Bengaluru)

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