Deals of the day-Mergers and acquisitions

Reuters
Aug 07
Deals of the day-Mergers and acquisitions

August 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:

** The previously announced acquisition of Britain's Argentex <AGFX.L> by cross-border payments provider IFX Payments has been terminated after the currency risk management business entered administration last month, the companies said.

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** Western Midstream Partners <WES.N> said it will acquire Aris Water Solutions <ARIS.N> in a cash-and-stock deal valued at about $1.5 billion as it aims to diversify operations in the Permian Basin.

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(Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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