The following deals, mergers, acquisitions and divestitures were reported at 1030 GMT on Tuesday:
** AstraZeneca AZN.L said it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax ICVX.O in a deal valued at $1.1 billion.
** Illumina ILMN.O criticized EU competition regulators for overstepping their powers when they scrutinized the US life sciences company’s $7.1 acquisition of Grail GRAL.O billion dollars, although the transaction did not fall within the scope of EU rules on mergers and acquisitions.
**Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as the final bidders for Swedish tissue maker Essity ESSITYa’s 52% stake. ST in Vinda International 3331.HK , a Hong Kong-listed company, said three people with direct knowledge of the matter.
** French carmaker Renault RENA.PA will sell a 5% stake in Nissan 7201.T, the first step in a planned sale of its stake in the Japanese automaker as part of a broader rebalancing of the long-standing alliance between the two companies, Renault said.
**Private investment funds Bain Capital and Cinven are considering bidding for the Minsait technology unit of Spanish defense company Indra IDR.MC, the El Confidencial website reported, citing unidentified sources close to the process .
** The Japanese civil engineering group Infroneer Holdings
5076.T said it would buy Japan Wind Development from Bain Capital for about $1.4 billion – an acquisition that will expand its renewable energy business.
** State-backed Japan Investment Corp will team up with Dai Nippon Printing 7912.T and Mitsui Chemicals 4183.T to buy Shinko Electric Industries 6967.T for more than 800 billion yen ($5.5 billion ), Bloomberg News reported.
** South Korea’s Mirae Asset Securities 006800.KS said it will acquire French bank BNP Paribas BNPP.PA’s Indian retail brokerage unit Sharekhan in a 487 billion deal won ($370.11 million).
** Reliance Industries RELI.NS, India’s most profitable company, and Walt Disney Co DIS.N are finalizing details of a non-binding deal to merge their media businesses in India, the Economic Times reported , citing executives involved in the operation.
** Rogers Communications RCIb.TO announced Monday that it had sold all of its shares in Cogeco CGO.TO and Cogeco Communications CCA.TO to the Caisse de dépôt et placement du Québec (CDPQ), Canada’s second-largest pension fund, in as part of a private transaction, for an amount of 829 million Canadian dollars ($610.68 million).