Deals of the day — mergers and acquisitions

** Electronics testing equipment maker Agilent Technologies Inc will buy Danish cancer diagnostics company Dako from Sweden-based private equity group EQT for $2.2 billion in cash to expand its life sciences business.

** Royal Bank of Canada and Credit Suisse are among suitors who have put in initial bids to buy the non-U.S. wealth management business of Bank of America in a deal that could be worth about $2 billion, sources said.

** Warren Buffett’s Berkshire Hathaway is making another bet on the newspaper industry with a deal to buy the majority of Media General Inc papers for $142 million in cash.

** Sears Holdings Corp said on Thursday it plans to spin off a large part of its stake in its Canada unit, which Chairman Edward Lampert spent years trying to gain control of, to better focus on its U.S. business.

** Imperial Oil Ltd said it is looking for prospective buyers for its Dartmouth refinery in Nova Scotia, as it grapples with low demand for refined products in the Atlantic basin.

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