Feb 7 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** PSA Peugeot Citroen negotiators and French
government officials are leaving for China this weekend, sources
familiar with the matter said, for what they hope will be a
final round of tie-up negotiations with Dongfeng Motor Group
Peugeot and joint-venture partner Dongfeng are in the final
straight of talks on a deal that would see the Chinese carmaker
and French government take matching stakes in the Paris-based
company through a 3 billion euro ($4.1 billion) share issue.
** Aaron's Inc shareholder Vintage Capital
Management said it offered to buy the electronics and furniture
rental chain in a deal valued at about $2.3 billion, its fourth
attempt to buy the company in three years.
** Italian phone group Telecom Italia denied media
speculation that it was in talks to merge its prized wireless
unit TIM Brasil with Vivendi's Brazilian
** The sale of a minority stake in French veterinary health
company Ceva Sante Animale is set to attract bids from several
buyout groups, three people familiar with the situation said.
BC Partners, Charterhouse, Cinven
, CVC, Hellman & Friedman and KKR have
shown interest and may submit offers by a late-February
deadline, they added.
** Italy's UniCredit is looking for partners
interested in its unit that manages problematic debt for the
group and other entities and will ask for bids by the end of
this month, two sources close to the matter said on Friday.
** Private equity firm KKR & Co LP said on Friday it
would acquire National Vision Inc from buyout firm Berkshire
Partners LLC in a bet that consumers would increasingly seek out
the budget retailer's low-price contact lenses and eyeglasses.
** Chile's CFR Pharmaceuticals dropped its $1.2
billion bid for South African drugmaker Adcock Ingram
on Friday, thwarted by Adcock's top shareholder, Bidvest
, in its attempt to get into fast-growing African
** Malaysian oil and gas industry services firm
SapuraKencana Petroleum Bhd is setting up a
joint-venture after-sales service company for oil industry power
plants with a local subsidiary of General Electric, it
said on Friday.
** South Africa's Tiger Brands is seeking to raise
its stake in the Nigerian Dangote Flour Mills
through a takeover bid, a notice by its financial advisor said.
** IBM Corp is exploring the sale of its
semiconductor business and has hired Goldman Sachs to
find potential buyers, the Financial Times reported on Thursday,
citing sources familiar with the matter.
** U.S. private equity firm Cerberus Capital Management LP
has completed a sale of its stake in Japanese property
operator Kokusai Kogyo Co for about 140 billion yen ($1.37
billion), people with knowledge of the deal said.
** Russia's top natural gas producer, Gazprom, is
taking part in tenders to buy two power plants in France owned
by Austrian energy group Verbund, a Gazprom spokesman
said on Friday.
** Betting company Betsson said that it was
buying online gaming group Oranje and Kroon in a move to get a
strong foothold in the Dutch market ahead of expected new
regulations in 2015.
** State-run Korea Gas Corp (KOGAS) has
submitted a plan to the South Korean government to sell some of
its stake in Iraq's Akkas gas field in 2015 or later, the
company told the stock exchange in a filing on Friday.
** Noble Energy Corp said on Thursday that it
finalized an agreement to sell part of its interest in a massive
Israeli natural gas project to Australia's Woodside Petroleum
Ltd for $1.03 billion in cash and future revenues.
** Canadian heavy oil producer Baytex Energy Corp
has agreed to buy Aurora Oil & Gas Ltd for C$2.6
billion ($2.35 billion) including debt, targeting the Australian
company's Texas shale oil assets.