Deals of the day -- mergers and acquisitions
July 22 |
July 22 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Thursday.
** Indian state-run explorer Oil and Natural Gas Corp (ONGC.BO) and PetroVietnam are considering a joint bid for BP's (BP.L) stake in an offshore Vietnam gas field, Indian Oil Minister Murli Deora told Reuters on Thursday.
To read more, double-click on [ID:nSGE66L0CT]
** Australia-based Paladin Energy Ltd (PDN.AX) (PDN.TO) said it plans to make an offer to buy out the remaining shares of NGM Resources NGM.AX it does not already own for about A$27 million ($23.9 million), to boost its uranium production. [ID:nSGE66K0I6]
** SKIL Infrastructure will make an open offer for 20 percent of shares in Everonn Education (EVED.BO) at 536.16 rupees a share, Edelweiss Capital, manager to the offer said in a public announcement. [ID:nSGE66L04C]
** Industrial gas company Airgas Inc (ARG.N) rejected the latest hostile takeover offer from rival Air Products & Chemicals (APD.N) on Wednesday after posting a higher-than-expected quarterly profit and rebounding same-store sales.[ID:nN21132246] (Compiled by Rachel Chitra in Bangalore)
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