UPDATE 2-Deals of the day -- mergers and acquisitions
(Adds Citigroup, Anheuser-Busch and others, updates International Power, Aozora)
July 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Wednesday.
(For Reuters columns on deals, click on [DEALTALK/])
** Anheuser-Busch InBev (ABI.BR), the world's largest brewer, agreed to sell part of its U.S. packaging business to Ball Corp (BLL.N) for $577 million as the beermaker neared the half-way point of its sell-off target.
To read more, double click [ID:nL0576106]
** Citigroup (C.N) agreed to sell its Japanese trust bank to a unit of Nomura Holdings (8604.T) for 19 billion yen ($196 million), as it looks to raise cash by exiting businesses in the world's second-largest economy. [ID:nBNG504048]
** Biopharmaceutical company CombinatoRx Inc CRXX.O said it agreed to merge with privately held Neuromed Pharmaceuticals Inc in an all-stock deal. [ID:nBNG236747]
** British utility International Power (IPR.L) is selling its Czech business to the Czech-Slovak investment firm J&T Group for 581 million pounds ($955 million) after costs, helping calm worries over its debt. [ID:nL1476133]
** CEZ (CEZPsp.PR) has agreed to purchase a 49 percent stake in heating plant Prazska Plynarenska from Czech-Slovak private equity firm J&T, the Czech power group said. [ID:nPRA002643]
** Japan's Shinsei Bank (8303.T) is to buy smaller Aozora Bank (8304.T) to create the country's sixth-largest lender, hoping the two loss-makers can together return to growth in both retail and corporate banking, the banks said in a joint statement. [ID:nT71819]
** Asia-focused Standard Chartered (STAN.L) (2888.HK) is in talks to purchase banking assets in China and India owned by the Royal Bank of Scotland (RBS) (RBS.L), a source with direct knowledge of the matter said on Wednesday. [ID:nHKG137025]
** The European Commission is expected to announce on Wednesday an extended review of German airline Lufthansa's (LHAG.DE) planned purchase of Austrian Airlines AUAV.VI, sources close to the deal said. [ID:nL1200446]
** World No. 2 brewer SABMiller (SAB.L) will sell 10 percent of its South African unit to black investors in a deal worth $750 million to meet the country's affirmative action rules, it said on Wednesday. [ID:nL1585838]
** Saudi-based dairy firm Almarai Co 2280.SE said on Wednesday it has reached an agreement to buy all shares in Hail Agricultural Development Co 6030.SE (Hadco) widening its scope to the poultry business. [ID:nL11228]
** The bidding war for U.S.-based Borland Software Corp BORL.O heated up as British software firm Micro Focus International Plc (MCRO.L) sweetened its cash offer to $1.50 per share from $1.15 per share, topping a proposal made by an unnamed bidder last week. [ID:nBNG424035]
** A state in central Malaysia is still in talks with Splash and Syabas for its plan to take over their water operations, said its chief minister on Wednesday. [ID:nKLR488107]
(Compiled by Tina Kwan in Singapore, Manasi Phadke in Bangalore)
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