P523ORACLE 523 Mon27 Jan C4 1711:09   COATS PATONS AGREES  DAWSON MERGER Threads and textiles group Coats Patons is to merge with the much-smaller Dawson International, backing a £696m bid. The terms offer 111 new Dawson shares for every 100 Coats ordinaries held, valuing them at 250.9p each, with a cash alternative of 225.33p. The combined group will be valued at over £1bn. City headlines 500 Newsfile 520 * HOLIDAYS GALORE!! * 580