(Adds Agrokor, Charter Communications, Chesapeake Energy, GDF
Suez,TGI Fridays, Solvay SA. Updates Mattel)
Feb 28 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** Charter Communications would consider buying
subscribers that Comcast could divest as part of its proposed
Time Warner Cable takeover, Greg Maffei, CEO of the
largest Charter stakeholder, Liberty Media, said on Friday.
** China Eastern Airlines Corp Ltd has
ordered 70 A320neo aircraft in a deal worth $6.37 billion,
marking a big victory for Airbus Group NV, which has
been actively marketing the upgraded variant of its popular A320
jet to Chinese carriers.
** Network gear maker Riverbed Technology Inc
rejected Elliott Management's unsolicited bid to buy the company
for $3.36 billion, saying the hedge fund's offer undervalued the
** Chesapeake Energy Corp said it would sell 437
natural gas compression units and related assets in two separate
deals to Access Midstream Partners LP and Exterran
Partners LP for a total of $520 million.
** TGI Fridays, the global casual dining restaurant chain
known for its red-striped canopies and memorabilia-rich decor,
is in advanced talks to sell itself to buyout firm TriArtisan
Capital Partners, people familiar with the matter said on
** Chemical producer Solvay SA has hired Credit
Suisse Group to find a buyer for its sulfuric acid
unit and approached private equity firms about a deal that could
reach $800 million, according to three people familiar with the
** Real estate group Deutsche Annington will
spend 2.4 billion euros ($3.3 billion) on German apartments to
expand its presence in the north of the country, the company
said on Friday.
** Chinese developer Soho China Ltd said on Friday
it was selling two commercial buildings in Shanghai for a total
of 5.23 billion yuan ($853.4 million), lower than the initial
asking price, at a time of excess supply in the city.
** Montenegro's power utility, EPCG, said three
bidders remained in the running to build a new coal-fired unit
at its Pljevlja power plant after it dropped a consortium led by
** Mattel Inc, the world's No. 1 toymaker, offered
to buy Canada's Mega Brands Inc for about $460 million
to better compete with Denmark's Lego, the leader in the
fast-growing market for building blocks.
** Building services and construction company Interserve Plc
is buying a maintenance business from Rentokil Initial
Plc for 250 million pounds ($417 million), in pursuit of
double-digit growth in earnings next year.
** Spain is making a 301 million euro ($412 million) profit
on the sale of a 7.5 percent stake in Bankia, the lender's
parent company BFA said, as the government started to return the
country's biggest bailed-out bank to private ownership.
** Italian tiremaker Pirelli & C SpA said on
Friday it had agreed to sell all of its steelcord business to
Belgium's Bekaert Corp in a deal worth around 255
million euros ($345 million).
** France's Total SA plans to sell its 10 percent
stake in Azerbaijan's Shah Deniz II gas field development,
making it the second energy major to reduce its exposure to a
project promoted to help Europe diversify its supplies.
** Belgian chemicals group Solvay and France's
INEOS on Friday offered to divest more factories to get
clearance from European competition regulators for their
proposed PVC joint venture.
** The potential sale of Raiffeisen Bank International's
business in Ukraine has been on hold as the Austrian
lender conducted a capital increase this year, Chief Executive
Karl Sevelda told Reuters on Friday.
** German nationalized lender Hypo Real Estate
said on Friday that a list of bidders for public finance
specialist DEPFA Bank had been selected and that a
sale was possible by July.
** Croatian top food producer and retailer Agrokor and
owners of Slovenia's largest food retailer Mercator
agreed new takeover terms as a deadline for Mercator's debt
restructuring expired on Friday.
** GDF Suez has agreed to sell its 24.5 percent
stake in Hungarian Dunamenti gas-fired power plant to MET Group,
GDF Suez's Hungarian unit said in a statement on Friday.
** Hypo Alpe Adria has five potential buyers for
its Balkan network, the bulk of its remaining business after it
sold its Austrian operations, its chief executive said in a
newspaper article published on Friday.
** Italy's Banco Popolare said on Friday it
planned to sell a majority stake in its bad debt unit Release,
which owns gross loans worth 3.2 billion euros ($4.38 billion).
** China's biggest grains trader COFCO Corp said
it is buying a 51 percent stake in Dutch peer Nidera, in a deal
that will give the world's most populous country direct access
to South American grain and oilseed supplies.
** South Korean telecoms firm KT Corp said on
Friday it had decided not to bid for a stake in state-owned
Tunisie Telecom, but gave no reason why.
($1 = 0.60 British pounds)
($1 = 0.73 euros)
($1 = 6.13 Chinese yuan)
(Compiled by Shubhankar Chakravorty and Anannya Pramanick in