Deals of the day -- mergers and acquisitions

Mon Aug 26, 2013 3:28pm EDT

Aug 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:

** BATS Global Markets Inc and Direct Edge Holdings said on Monday they would merge in a deal that would create the second-largest U.S. stock exchange.

** The billionaire Pritzker family will buy scrap mill servicing company TMS International Corp for about $687 million in cash. The offer of $17.50 per share from the Pritzker Organization represents a premium of about 12 percent to TMS's Friday close of $15.57. Including debt, the deal is valued at about $1 billion.

** Dubai Aerospace, owner of the Arizona-based engine repair and maintenance business StandardAero, said it was in discussions with BBA Aviation to potentially merge certain parts of its business with the British aircraft services firm.

** AstraZeneca Plc took a further step to bolster its pipeline of new cancer drugs by agreeing to acquire privately held U.S. biotech company Amplimmune for up to $500 million.

** Satellite communications provider Globecomm Systems Inc agreed to be taken private by investment firm Wasserstein & Co for about $340 million.

** Telefonica has raised its bid for KPN's German arm by 6 percent to 8.55 billion euros, winning over top KPN investor America Movil and setting the stage for consolidation in Europe's largest mobile market.

** Anadarko Petroleum Corp said it agreed to sell a 10 percent stake in a gas field offshore Mozambique to a unit of India's Oil & Natural Gas Corp for $2.64 billion in cash, as the U.S. oil company looks to focus more on its domestic assets.

** Amgen Inc struck a deal to buy cancer drug maker Onyx Pharmaceuticals Inc for about $10.4 billion on Sunday, as it moves to restock its product pipeline in response to declining sales of its flagship anemia drugs.

** ING Groep edged closer to completing its year-and-a-half-old Asia divestment plan after private equity firm MBK Partners agreed to buy its South Korean insurance unit for total cash proceeds of 1.84 trillion won ($1.65 billion).

** Austrian property group Immofinanz bought 1,190 apartments in Kassel for 46 million euros ($62 million), its third major acquisition in Germany this year.

** Serbia's government is to take control of the country's top furniture maker, Simpo, to safeguard the wages and pensions of 5,000 workers, the Finance Ministry said on Monday.

** Canadian Imperial Bank of Commerce and Toronto-Dominion Bank have extended talks on a deal for CIBC to retain about half of its Aeroplan credit card portfolio, with TD getting the rest.

** German bank Hypo Real Estate (HRE) said it is starting the sale of its Depfa unit and expects to sell the public finance specialist next year.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.