UPDATE 2-Deals of the day -- mergers and acquisitions

Tue Feb 1, 2011 4:11pm EST

** MI Developments MIMa.TO has reached definitive agreements that would end Canadian billionaire Frank Stronach's control of the company, it said in a statement on Monday. [ID:nN31260150]

** Kingdom Holding 4280.SE, Saudi Prince Talal bin Alwaleed's investment firm is in financing talks with banks for its proposed acquisition of Zain's (ZAIN.KW) Saudi assets, a Kingdom executive said. [ID:nLDE7100H4]

** China's Wanhua Industrial Group has acquired full control of Hungarian isocyanate maker BorsodChem [BDCD.UL] by exercising a call option, Wanhua said on Tuesday. [ID:nLDE7100R6]

** Capital Gold CGC.A, a New York-based gold miner with operations in northern Mexico, said on Tuesday it had ended talks on being taken over by Timmins Gold TMM.V, paving the way to being bought by Gammon Gold GAM.TO after months of speculation. [ID:nN01107959]

** BP Plc's (BP.L) oligarch partners in Russia's TNK-BP [TNKBP.UL] have won an injunction blocking BP's plan to enter a share swap and exploration deal with state-controlled Rosneft (ROSN.MM), one of the lawyers in the court told Reuters on Tuesday. [ID:nWLA4281] (Compiled by Swetha Gopinath and Mayuresh Tungare in Bangalore)

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