The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Monday:** U.S. electricals retailer Best Buy Co Inc has agreed to purchase British partner Carphone Warehouse out of their fast-growing U.S. mobile phone venture for over $1 billion, a person with knowledge of the deal said.
Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment products, appliances and related services. Shares of BBY traded higher by 0.33% or $0.09/share to $27.40. In the past year, the shares have traded as low as $22.10 and as high as $45.63. On average, 7525210 shares of BBY exchange hands on a given day and today's volume is recorded at 233066.
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