(Adds Jos A. Bank, Jive Software, Nuerburgring, Valeo, Duferco;
March 11 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:
** Chobani, the Greek yogurt maker that has grown into a
U.S. sensation, is looking to sell a minority stake in a deal
that could value the company at around $2.5 billion, people
familiar with the matter said.
** Men's Wearhouse Inc said it would acquire rival
Jos. A. Bank Clothiers Inc for about $1.8 billion,
ending a five-month saga that started with Jos. A. Bank offering
to buy its larger menswear rival.
** Altice said its 10.9 billion euro ($15.1
billion) cash and share offer to combine Vivendi's SFR
unit with Numericable still stood and remained valid
until Friday. The deal would see Vivendi retain a 32 percent
stake in the new combined mobile operator. Bouygues Telecom
has made a rival bid for 10.5 billion euros, in which
Vivendi would keep 46 percent.
** Jive Software Inc, a maker of social media tools
for companies, has been seeking a buyer for months, technology
blog Re/Code reported, citing sources. Jive has hired Qatalyst
Partners, the investment bank led by Silicon Valley dealmaker
Frank Quattrone, to find a buyer, the blog reported.
** Japan's SoftBank Corp is still trying to buy
T-Mobile US Inc and merge it with its U.S. wireless
carrier Sprint Corp, SoftBank CEO Masayoshi Son said, even
though U.S. regulators appear set against a deal.
** Germany's ThyssenKrupp said it would close its
railway equipment business, which was damaged by its involvement
in a cartel, after failing to secure a sale of its wider
railways and construction arm.
** Dutch supermarkets group Ahold agreed to buy 50
supermarkets from Austria's SPAR AG in the Czech Republic for
5.25 billion Czech crowns ($266 million), under a strategy to
use some of its cash pile to grow in markets near where it is
** Germany's Nuerburgring has been sold to motor sport
industry supplier Capricorn Group for more than 100 million
euros, ending a months-long search to find new owners for the
world's longest racetrack, which became insolvent in 2012.
** Standard Chartered's private equity arm has
acquired a quarter of Zambia's Copperbelt Energy Corp Plc
for $57 million, its first investment in the growing
African power industry.
** French car parts maker Valeo SA said state
investment fund Bpifrance, its biggest shareholder, had decided
to sell part of its stake in the company. A Valeo spokeswoman
said Bpifrance had begun the process of selling about 2 million
shares, or 2.5 percent of the company's capital, in a private
placement. That would leave Bpifrance with 3.3 percent in Valeo.
** Japan's Toyota Tsusho Corp has offered to buy 51
percent of Malaysia's Kian Joo Can Factory Bhd,
bidding more on a per-share basis than a rival Malaysian firm.
** UniCredit SpA has joined the exodus of foreign
banks from Ukraine, putting its local unit up for sale in a deal
it hopes to wrap up within a year should political and economic
turmoil in the country settle down.
** Austria and America Movil are still in talks on
pooling their stakes in Telekom Austria but have not
moved to formal negotiations, the state holding company said.
** German retailer Douglas has sold Hussel, its chain of
confectionary stores to Emeram Capital Partners, as part of
plans to focus on its perfume and beauty stores under its new
** U.S. investment group Baron Capital has built up a stake
worth about $150 million in English soccer champions Manchester
United, according to a regulatory filing. The
investment by New York-based Baron represents about 5.8 percent
of United's $2.6 billion market value but a dual-share structure
means that the American Glazer family remains firmly in control
of the club.
** Duferco, the world's biggest steel trader, said it would
not bid for a key steelmaking complex owned by Italy's Lucchini
because it could not commit to maintaining full employment and
keeping the blast furnace running.
($1 = 19.71 Czech crowns)
($1 = 0.72 euros)
(Compiled by Natalie Grover and Shivani Mody in Bangalore)