UPDATE 3-Deals of the day -- mergers and acquisitions

Tue Jun 30, 2009 4:01pm EDT
 
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** Swedish software company Global Gaming Factory X AB said it agreed to buy free file-sharing website The Pirate Bay, and that it would find ways to compensate copyright owners for downloaded material. [ID:nLU636915]

** Shanghai Airlines (600591.SS) expects a detailed plan for a long-anticipated merger with China Eastern Airlines (600115.SS) (0670.HK) to emerge next month, a senior executive at the airline said. [ID:nBJD000920]

** Finland's Ruukki Group Plc (RUG1V.HE) said it would acquire Australia's platinum-group metals producer Sylvania Resources Ltd (SLV.AX)(SLV.L) for 268 million euros ($378.1 million) under a merger implementation agreement. [ID:nBNG495871]

** Swedish software company Global Gaming Factory X AB said on Tuesday it had agreed to buy free file-sharing website The Pirate Bay for 60 million Swedish crowns ($7.7 million). [ID:nSAT006345]

** Russia's Alfa Group, locked in a five-year boardroom war with Telenor (TEL.OL), has halted talks with the Norwegian telecoms group on a potential merger of their Russian and Ukrainian assets, an Alfa official said. [ID:nLU659445]

** The Balkans' biggest telecoms company OTE (OTEr.AT) said it agreed to buy Romanian mobile operator Zapp for 207 million euros ($292.5 million) to gain a 3G service in the region's largest cell phone market. [ID:nLU885898]

** Shares in Q-Cells (QCEG.DE) extended gains on Tuesday amid market talk that German engineering conglomerate Siemens (SIEGn.DE) might be interested in taking a stake in the solar energy specialist. [ID:nWEA8952]

** BCB Bancorp Inc (BCBP.O) agreed to acquire Pamrapo Bancorp Inc (PBCI.O) for $46.6 million in an all-stock deal to increase its deposit market share in Hudson County, New Jersey. [ID:nBNG338447]

** Belgian industrial holding group Punch International (PUNC.BR) said it was selling a significant part of its automotive business to its main shareholder, and that its chief executive would step down. [ID:nLU279451] (Compiled by Tina Kwan in Singapore; Mary Meyase, Manasi Phadke and Archana Shankar in Bangalore)

 

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