March 18 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Monday:
* HSBC Bank Canada said it would sell its private
label credit card portfolio to a wholly owned subsidiary of
Toronto-Dominion Bank as it accelerates the wind-down of
its consumer finance business.
* Liberty Media Corp is close to buying a 25
percent stake in cable operator Charter Communications Inc
for about $2.5 billion, the Wall Street Journal
reported, citing unnamed sources familiar with the situation.
* Cynosure Inc said it would buy Palomar Medical
Technologies Inc, which makes laser devices for
cosmetic procedures, for about $294 million in cash and stock.
* Commercial Bank of Qatar (CBQ) has agreed to buy
a 70.8 percent stake in Turkish lender Alternatifbank
, underscoring Gulf Arab lenders' appetite to expand
into Europe's fastest growing economy.
* Eastern German gas distributor VNG, part-owned by
Russia's Gazprom which has long sought a greater share
of Europe's gas retail market, said on Monday it acquired gas
retailing company goldgas.
* Goldman Sachs Group Inc received $32.5 million for
its remaining stake in Epocrates Inc, after the healthcare
technology company was acquired by athenahealth Inc,
according to a securities filing on Friday.
* Oil and gas exploration and production company BNK
Petroleum said on Sunday it had agreed to sell most of
its assets in Oklahoma's Tishomingo Field to Exxon Mobil Corp
for $147.5 million to fund its exploration program and
* Private equity firm Ratos and publisher Bonnier
said they had agreed to merge their cinema chains Finnkino and
SF Bio to create the largest player in the field in the Nordic
Ratos would own a 60 percent stake in the combined cinema
group, which would have an enterprise value of about 3 billion
Swedish crowns ($470 million), while Bonnier would hold the
remaining 40 percent, the companies said in a statement.
* Insurer Legal & General said it has bought a 46.5
percent stake in Cala Group from Lloyds Banking Group
in a deal that values the British housebuilder at 210 million
pounds ($318 million).
* Qatar Holding, the investment arm of the Gulf state's
sovereign wealth fund, is not considering a bid for British
retailer Marks and Spencer Group Plc, a source close to
the fund said.
* Private equity firm Silver Lake Partners bid as low as
$11.22 per share for Dell Inc in mid 2012, when it
first discussed a buyout with founder and CEO Michael Dell,
according to a person familiar with the situation on Friday.