March 5 The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on
** Morgan Stanley is weighing the sale of its private
bank in Switzerland, which manages roughly 10 billion Swiss
francs ($11.28 billion) in assets, a source close to the matter
told Reuters. The U.S. bank is looking at several options, one
of which is an outright sale, the person said.
** Verizon Communications is in talks with content
providers to deliver web-based TV services to mobile platforms,
Chief Executive Lowell McAdam said at an investor conference on
** Hong Kong investment firm Cheung Kong Infrastructure
Holdings Ltd may block Australian gas transporter APA
Group's A$2.06 billion ($1.84 billion) takeover of
smaller rival Envestra Ltd, two people with knowledge
of the matter told Reuters.
** France's Imerys S.A. raised its offer to buy
U.S. minerals and materials group Amcol International Corp
to about $1.47 billion, topping an offer from Minerals
** Brazilian real estate developer BR Properties SA
will sell most of its industrial warehouses and
logistics facilities to Singapore-listed Global Logistic
Properties Ltd for 3.18 billion reais ($1.36 billion),
according to a securities filing.
** The British government is close to appointing investment
bank UBS AG to advise on the possible sale of its 40
percent stake in Eurostar, the fast speed train that links
Britain to Europe, four sources told Reuters.
The stake could fetch around 300 million pounds ($500
million) according to the sources, who are familiar with the
** Poland's KI Chemistry, controlled by the country's
richest man, Jan Kulczyk, has launched a 1.03 billion zloty
($338 million) bid for state-controlled chemicals maker Ciech
. KI Chemistry, owned by holding company Kulczyk
Investments, is seeking up to 66 percent of Ciech at 29.5 zlotys
per share, with the state treasury welcoming Wednesday's offer,
which closes on Apr. 25.
** Norway's third-largest mobile operator, Tele2,
has hired investment bank ABG Sundal Collier to review its
options in Norway, including selling its operations there, after
it lost a December auction for a mobile spectrum key for the
development of its Norwegian network.
** Investment firm Heraldic Holding has bought an additional
13.9 percent stake in electricity infrastructure builder
Infratek, lifting its overall holding to 94.6
percent, Heraldic said.
** British investment group Jupiter Fund Management's
second-biggest shareholder, private equity firm TA Associates,
has sold its entire 11 percent stake for 197.2 million pounds.
** The private equity arm of Egyptian investment bank
EFG-Hermes has sold its 19 percent stake in United
Arab Emirates jeweler Damas International to Qatar's Mannai Corp
for $150 million, the company said.
** The founder of online gaming technology company Playtech
is set to bank around 326 million pounds after ramping
up the size of a share sale to over 15 percent, the company
** News reader company Flipboard said it has bought rival
app Zite from CNN and struck a content partnership with the
cable news network.
** French energy group GDF Suez Sa is not
interested in raising its stake in Italy's Tirreno Power to
above 50 percent, Aldo Chiarini, head of the Italian operations
of GDF Suez said.
** Vivendi SA said that it had received two offers
for telecom unit SFR from smaller rival Bouygues Telecom
and Altice SA, the parent of local cable
** Hungary's state-owned energy group MVM plans to buy all
or part of E.ON's Hungarian gas distribution and
utility business as part of the government's drive to increase
its grip over the energy sector.
** Pakistan Telecommunication Co's bid for rival
Warid Telecom, which would have created Pakistan's largest
mobile operator, has failed after the two groups could not agree