UPDATE 3-Deals of the day -- mergers and acquisitions
(Adds News Corp, Viterra)
July 8 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday.
(For Reuters columns on deals, click on [DEALTALK/])
** News Corp (NWSA.O) is not interested in buying popular microblogging site Twitter and will not sell its struggling social network MySpace, said the media conglomerate's chief executive, Rupert Murdoch.
To read more, double click on [ID:nN08397343]
** Canadian grain-handling company Viterra Inc (VT.TO) said its acquisition of ABB Grains Ltd ABB.AX remains on track, a day after the Australian company cut its profit view hurt by lower demand. [ID:nBNG457867]
** PepsiCo Inc (PEP.N) is still interested in taking over Pepsi Bottling Group Inc PBG.N and PepsiAmericas Inc PAS.N, the chief executive of the U.S. soft drink and snack maker told Reuters. [ID:nL8572737]
** Independent power producer NRG Energy Inc (NRG.N) rejected Exelon Corp's (EXC.N) sweetened hostile bid, saying the $6.9 billion offer was still too low.[ID:nN08368814]
** Magna MGa.TO remains on track to reach a deal to buy GM's GMGMQ.PK Opel but it cautioned that the timetable for a signing could be too ambitious, the head of Magna's European business said in a newspaper interview. [ID:nL8627097]
** Maroc Telecom SA (IAM.CS) is buying a 51 percent stake in Mali phone company Sotelma for 275 million euros ($382.8 million) as it expands beyond Morocco into new African markets with growth potential, the company said. [ID:nL8657439]
** Norwegian oil and gas group StatoilHydro (STL.OL) said it would buy the South Riding Point crude oil storage and transhipment terminal from World Point Terminals Inc WPO.TO for $263.2 million. [ID:nL8677807]
** Private equity firm Actis has agreed to pay $244 million to acquire a 9.3 percent stake in Commercial International Bank (COMI.CA) (COMIq.L), Egypt's largest lender by market value, Actis said. [ID:nL8488261]
** ArcelorMittal (ISPA.AS), the world's biggest steelmaker, won European Union regulatory approval for its takeover of the Dutch unit of U.S. blanks maker Noble International NOBLQ.PK. [ID:nBRU009449]
** Spanish savings banks Caixa Galicia and Caixanova said they were negotiating with building company Sacyr Vallehermoso (SVO.MC) to buy part of its share of toll road business Itinere ITIE.MC. [ID:nL8605919]
** Malaysian telecom firm Axiata (AXIA.KL) has expressed interest in buying the Sri Lankan and Cambodian assets of Luxembourg-based telecom operator Millicom MICC.O (MICsdb.ST) worth at least $500 million, sources with direct knowledge of the deal told Reuters. [ID:nKLR441625]
** Marine engineering group Hamworthy Plc HAMW.L said it agreed to buy the technology and products division of Aibel AS, a Norwegian oil services firm, for up to 6.2 million pounds ($10 million), to expand its presence in the offshore oil and gas markets. [ID:nBNG441198]
** Natural resources royalty owner Anglo Pacific Group Plc (APF.L) said it agreed to buy net smelter royalty from Northern Star Mining Corp NSM.V for C$8 million ($6.88 million) and shares worth up to C$2 million in the Canadian gold explorer. [ID:nBNG438601]
** French water utility Veolia Environment (VIE.PA) plans to sell a 30 percent stake in its Czech unit Dalkia, daily Hospodarske Noviny reported, citing Dalkia's board chairman. [ID:nL8453077]
** The Russian government, set on playing a bigger role in telecoms, has reached a deal on the purchase of services conglomerate Sistema's (SSAq.L) stake in telecoms giant Svyazinvest, Kommersant newspaper said. [ID:nL8434663] (Compiled by Tina Kwan in Singapore, Manasi Phadke and Sakshi A Mattoo in Bangalore)
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