Deals of the day-Mergers and acquisitions
Jan 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1615 GMT on Friday:
Munich Re subsidiary Ergo International has completed the acquisition of ADB Gjensidige, including its branches in Estonia and Latvia, the company said. nL6N3Y30C4
India's KFC, Pizza Hut operator Devyani International DEVY.NS jumped as much as 8.3% after announcing the long-anticipated $934 million merger with smaller peer Sapphire Foods SAPI.NS, creating a fast-food major poised to challenge market leader Jubilant Foodworks. nL4N3Y3046
Bain Capital is buying a 43.66% stake in South Korea's Echo Marketing 230360.KQ, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a regulatory filing. nL1N3Y3029
Australia's Nickel Industries
nL1N3Y206N
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