Deals of the day- Mergers and acquisitions
(Adds Riverbed; Updates Tencent, Leeds United)
Jan 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:
** Riverbed Technology Inc rejected Elliott Management Corp's proposal to buy the company for $19 per share. The activist hedge fund offered to buy Riverbed last week for about $3.08 billion in cash.
** Chilean energy company Enersis SA plans to offer to buy the shares of its Brazilian unit, Companhia Energetica do Ceara, it does not already own in a deal it said would be worth around $645 million.
** Tencent Holdings Ltd, China's biggest listed tech company, is to invest HK$1.5 billion ($193.5 million) in logistics and warehouse firm China South City Holdings Ltd to help develop its e-commerce and logistics business.
** Forbes Media, the company known for its namesake magazine and ranking the world's richest people, has caught the attention of six different companies including Germany's Axel Springer AG , according to a report in the Wall Street Journal.
** Bharti Airtel Ltd and Vodafone Group Plc's Indian unit submitted applications to bid in a spectrum auction next month, separate sources at the two companies said.
** The Chinese private equity firm Hony Capital is examining a bid for Britain's United Biscuits Holdings Ltd and may be teaming up with a corporate buyer, Bloomberg reported.
** Bahrain-based investment company Gulf Finance House Bsc has agreed to sell part of its stake in English soccer club Leeds United, smoothing the way for a takeover by a British consortium.
($1 = 12050.00 Indonesian rupiahs) ($1 = 7.75 Hong Kong dollars) (Compiled by Shivani Mody in Bangalore)
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Malaysian plane crashed off Vietnam coast: state media