Deals of the day-Mergers and acquisitions

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Adds: Snow Software, Egyptian government companies, Sika, Rothschild & Co; Updates: Activision Blizzard, KfW, CVS Health, Ancora

Feb 8 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2055 GMT on Wednesday:

** Ancora Group Holdings, a key shareholder in U.S. auto retailer IAA IAA.N, has accumulated a new 0.5% stake in Canada's Ritchie Bros Auctioneers RBA.TO and is calling a major opponent of Ritchie's $6 billion deal to buy IAA "misinformed," documents seen by Reuters showed. nL1N34O22A

** The Peugeot family and the Dassault family are prepared to invest in Rothschild & Co ROTH.PA, the Paris-listed investment bank the Rothschild family plans to take private, Les Echos said. nL8N34O6WQ

** CVS Health Corp CVS.N will buy Oak Street Health Inc OSH.N for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure mounts on its health insurance business. nL4N34O2IE

** German state lender KfW [RIC:RIC:KFW.UL] is in advanced talks to take a minority stake in the high-voltage power grid owned by EnBW EBKG.DE, three people familiar with the matter said, in a sign that Berlin is tightening its grip on energy assets. nL1N34O1UI

** The European Commission has given conditional approval for the proposed acquisition of Germany-based MBCC by Swiss chemicals company Sika, the EU executive body said.nL1N34O1WI

** Britain placed another hurdle in the way of Microsoft's MSFT.O $69-billion mega purchase of "Call of Duty" maker Activision Blizzard ATVI.O, saying it could harm gamers by weakening the rivalry between Xbox and Sony's PlayStation.nL8N34O4BZ

** Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said, dusting off plans that have largely lain dormant for years as the country's financial woes mounted. nL1N34O1SG

** The private equity owners of Snow Software are exploring a sale that could value the software management solutions company at about $1 billion, including debt, according to people familiar with the matter. nL1N34N03Y

** Financial services firm Brookfield Reinsurance BNRE.N, BNRE.TO said it would acquire insurer Argo Group International Holdings ARGO.N in a deal valued at $1.1 billion.nL4N34O365

** Anglo American Plc AAL.L will buy a 9.9% stake in Canada Nickel Co Inc CNC.V, the owner of the Crawford nickel project in Ontario, in its bid to expand production of the niche metal, the London-listed miner said.nL4N34O34Z

** TP ICAP TCAPI.L, the world's largest inter-dealer broker, terminated talks to sell its data division Parameta for about 1.5 billion pounds ($1.81 billion), a report from Sky News said.nL4N34O2J8

** Amsterdam-listed mobile telecoms operator VEON VON.AS said it had won approval from Russian regulatory authorities for the proposed sale of its Russian operations, driving up its shares. nL1N34O0ES

** Sabadell SABE.MC has picked Italian payments group Nexi NEXII.MI as the preferred bidder to acquire the Spanish bank's retailers' payments business, two sources with knowledge of the matter said.nL1N34O0D8

** Private equity firm Northstar Group is considering the sale of Singapore's Innovalues in a deal that could value the precision machine parts maker at over S$500 million ($377.47 million), two sources with knowledge of the matter told Reuters.nL4N34O0J9

** Indigo Partners-backed budget carrier JetSMART Airlines said on Tuesday it wanted to buy Colombian low-cost carrier Viva Air, in a move that if successful would scupper Viva's plans to merge with Colombian flag carrier Avianca AVT_p.CN. nL1N34N36T

(Compiled by Priyamvada C, Sourasis Bose and Rajarshi Roy in Bengaluru)


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