Oct 24 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Thursday:
** McKesson agreed to buy German peer Celesio
for $8.3 billion, including debt, forging a global
market leader in drugs distribution to boost its purchasing
power with pharma majors. McKesson, the largest U.S. drugs
wholesale group, struck a deal to purchase the 50.01 percent
stake in Celesio owned by the diversified holding company Franz
Haniel & Cie and is offering to buy up the remaining
shares for 23 euros ($31.7) apiece, it said.
** A private consortium is seeking to raise a $2.1 billion
syndicated loan to back the purchase of an 81 percent stake in
US insurer American International Group's aircraft
leasing unit ILFC Holdings Inc, banking sources said on
** Bain Capital LLC, Crestview Partners LP and Goldman Sachs
Group Inc's private equity arm are among the firms
preparing to submit final bids for events services company PSAV
Presentation Services, three people familiar with the matter
said. Kelso & Co, the private equity firm that acquired PSAV for
$413.4 million in 2007, is hoping to fetch as much as $1 billion
for the company, said the people, who asked not to be identified
as the sale process is confidential.
** Mining company BHP Billiton said it was still in
talks to sell its stake in a major iron ore deposit in Guinea,
despite lengthy negotiations that have prompted questions over
the potential for a deal.
** Hewlett-Packard Co is seeking buyers for some of
its mobile-computing patents, Bloomberg reported, citing people
with direct knowledge of the matter.
** Apax Partners LLP is in advanced talks to acquire
medical cost containment services company One Call Care
Management Inc from Odyssey Investment Partners LLC for more
than $2 billion, three people familiar with the matter said on
** Gypsum Management and Supply Inc, a privately held maker
of specialty building materials, is exploring a sale that may
fetch more than $600 million, according to people familiar with
** RR Donnelley & Sons Co said it will buy
Consolidated Graphics Inc for about $620 million in a
cash-and-stock deal, to expand its footprint in the commercial
** Bunge Ltd's new chief executive signaled plans to
shed its loss-making Brazilian sugar milling business, making
Bunge the first major merchant to consider exiting the one-hot
sector that has swallowed billions of dollars of investment.
** Israeli digital advertising firm Matomy Media Group said
it bought Adquant's social advertising agency, which was
formerly called Adotomi, to increase its Facebook offering.
Financial details were not disclosed. Adquant, an Israeli social
advertising software company, will now focus on providing the
technology for its Facebook advertising platform.
** Polish Getin Holding is seeking to acquire a majority
stake in small private Romanian bank Romanian International Bank
(RIB), reported business newspaper Ziarul Financiar quoting
** Telus said on Wednesday it has agreed to buy 100
percent of Canadian telecom startup Public Mobile from private
equity firm Cartesian Capital and Thomvest Seed Capital, a
Toronto-based investment vehicle backed by Peter Thomson. The
terms of the deal were not disclosed.
** Portugal's state-owned bank Caixa Geral de Depositos will
sell its outstanding 6.11 percent stake, or 54.77 million
shares, in Portugal Telecom in a private sale as part
of plans to sell non-core assets, the bank said.
** Dr Martens, the British footwear brand whose lace-up
boots were made famous by punk music fans, has been bought by
private equity firm Permira for 300 million pounds ($485
** Canada Bread Co, which is majority-owned by
Maple Leaf Foods Inc, said it agreed to sell its
Olivieri Foods fresh pasta and sauce business to Ebro Foods SA
of Spain for about C$120 million ($115.51 million). The move
comes days after Canadian food processor Maple Leaf said it
might sell its controlling stake in Canada Bread as it decides
whether to exit the bakery goods business and focus on meat
** Danone is buying a 49 percent stake in Fan Milk
International, a frozen dairy products and juices maker in west
Africa, it said, speeding up expansion in new markets amid
sluggish growth in Europe and problems in China.
** Sumitomo Life Insurance Co is in advanced talks to buy a
40 percent stake in the life insurance unit of PT Bank Negara
Indonesia, two sources familiar with the matter said,
with one adding it could be worth around $400 million.
** Brazilian oil producer OGX Petroleo e Gas Participacoes
SA is in talks to sell its stake in eight natural gas
fields in the country as a means to raise cash before possibly
filing for bankruptcy protection, newspaper Folha de S. Paulo
** Dubai's largest bank, Emirates NBD, has
classified its remaining 15 percent stake in Union Properties
as "available for sale", the lender's chief financial
** Singapore's Oversea-Chinese Banking Corp Ltd
and Agricultural Bank of China Ltd have emerged as
new potential suitors for Wing Hang Bank Ltd, hoping
the Hong Kong family-run lender will help them expand revenues
abroad. Sources familiar with the matter said Singapore's No. 2
lender and China's No. 4 bank are considering bids and have
become the most serious contenders for Wing Hang as others who
had initially shown interest are now balking over the price.
** Aberdeen Asset Management is in talks to buy
Scottish Widows Investment Partnership from Lloyds Banking Group
in a deal which would see it form a strategic
partnership with the bank.
** Africa-focused British oil explorer Ophir Energy
said a process was under way to sell part of its stakes in big
gas fields off the coast of Tanzania, raising investor hopes
that a long-awaited deal could be close.
** Deutsche Boerse acquired a minority stake in
London-based derivatives exchange GMEX Group, it said.