Deals of the day -- mergers and acquisitions
Sept 11 |
Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Friday.
(For Reuters columns on deals, click on [DEALTALK/])
** Japan's Asahi Breweries (2502.T) said it was not in talks to buy soft-drinks maker Orangina, denying a newspaper report it was competing with domestic rival Suntory Holdings in a $3.8 billion auction. To read more, please double click on [nT365781]
** Abbott Laboratories (ABT.N) said it has agreed to acquire the 90 percent of Evalve Inc that it does not already own for up to $410 million to secure a leadership position in nonsurgical treatment for structural heart disease. [nN10409440]
** Natural Resource Partners LP (NRP.N), which leases coal reserves to miners, said it will acquire about 200 million tons of coal reserves in Illinois for $255 million in eight separate transactions through 2012. [nBNG426968]
** General Motors [GM.UL] agreed to sell a 55 percent stake in Opel to a group led by Canada's Magna MGa.TO after months of fraught negotiations that had weighed on the European unit and its 50,000 workers. [nLA668553]
** News and financial data provider Bloomberg LP has rejoined the bidding process for McGraw-Hill's (MHP.N) BusinessWeek magazine, BusinessWeek reported on its website. [nN10413112] (Compiled by Tina Kwan in Singapore)
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