UPDATE 3--Deals of the day -- mergers and acquisitions
(Adds Bunge, Carnegie, CGGVeritas and others)
Nov 10 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, North American and Asian companies were reported by 2100 GMT on Monday. (For Reuters columns on deals, click on [DEALTALK/] )
** Less than a month after walking away from Wachovia Corp WB.N, Citigroup Inc (C.N) is in discussions to acquire another U.S. bank, the Wall Street Journal said, citing people familiar with the situation.
To read more, please double click on [ID:nBNG331096]
** Oilseed processor and fertilizer producer Bunge Ltd (BG.N) terminated its planned $4.4 billion acquisition of Corn Products International Inc (CPO.N) just five days after Corn Products' board withdrew support for the deal. [ID:nN10470994]
** Britain's Aurelian Oil & Gas Plc (AUL.L) said it agreed to farm out a 40 percent interest in the Poznan concessions in Poland to private-equity-funded Canamens Energy Ltd. [ID:nBNG68864]
** Sweden took over struggling investment bank Carnegie CAR.ST after a series of mishaps that drained the bank of funds and led regulators to revoke its licence. [ID:nLA178265]
** French geophysical survey group CGGVeritas (GEPH.PA) announced a $310 million agreed all-share bid for Norwegian seismic survey firm Wavefield Inseis ASA WAVE.OL sending both companies' shares higher. [ID:nLA174862]
** South Africa's media group Naspers (NPNJn.J) said it has reached an agreement with Telkom International (TKGJ.J) to sell Internet service provider MWEB Africa for $63 million. [ID:nLA333176]
** Buyout firm American Capital Strategies Ltd (ACAS.O), which currently owns 67.7 percent of European Capital Ltd ECAS.L, said it plans to acquire the remaining shares in the company for $158 million in stock. [ID:nBNG252547]
** Enerbite Technologies said it has entered into an agreement to acquire Rebel Oil. [ID:nWNAB0866]
** Henkel (HNKG_p.DE) said it would sell its almost 30 percent stake in Ecolab (ECL.N) to help finance the acquisition of adhesives and electronics materials business National Starch, sending Ecolab shares down 8.7 percent in early trading. [ID:nLA356600]
** Activision Blizzard Inc (ATVI.O) said it was acquiring Budcat Creations. [ID:nWNAB0932]
** Pennsylvania Commerce Bancorp COBH.O has agreed to acquire Republic First Bancorp and become Metro Bancorp. [ID:nWNAB0958]
** Ebix Inc (EBIX.O) said it had signed an agreement to acquire San Diego based insurance BPO - ConfirmNet Corp. [ID:nWNAB0966]
** Rockgate Capital Corp RGT.V to acquire Delta Exploration DEV.V. [ID:nWNAB1039]
** Merkantil Bank, OTP Bank's OTPB.BU lease finance unit, has sold its Slovakian subsidiary and suspended its expansion into Russia, Ukraine and Kazakhstan due to the global financial crisis, OTP said on Monday. [ID:nLA423185 ] (Compiled by Tina Kwan in Singapore, Kuganandhan Paramanandan and Vidya L Nathan in Bangalore)
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