The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
- Brazilian state development bank BNDES could deploy up to 4 billion reais ($2 billion) to help bankroll the potential purchase of ThyssenKrupp AG's Steel Americas unit by local group Cia Siderúrgica Nacional SA, Valor Econômico reported on Tuesday, citing people with direct knowledge of the situation.
- Banco Bradesco SA has no plans to expand through mergers and acquisitions, Chief Executive Luiz Carlos Trabuco said on Tuesday, a sign that Brazil's No. 2 private-sector bank is opting for a more conservative approach to growth.
- DuPont is exploring the sale of its cyanide business and has hired investment bank Morgan Stanley to run the sale process, according to three sources familiar with the matter.
- Private equity firm Advent International said on Tuesday that in its all-cash public offer for
Deals of the Day — Mergers and Acquisitions
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