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Wednesday, March 2, 2011

Deals of the day -- mergers and acquisitions

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1445 GMT on Wednesday. (For Reuters columns on deals, click on ) New York-based investment firm Renco Group said it agreed to buy three of Russian steel maker Severstal's U.S. mills in order to create its own flat rolled steel business in a deal valued at $1.2 billion. Ukrainian industrialist Dmytro Firtash has taken over local fertiliser producer Azot and now controls 2.44 percent of global nitrogen-based fertiliser output, his press service said on Wednesday. (Compiled by Divya Sharma in Bangalore)

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