(Adds Deutsche Bank, Alitalia, Etihad Airways, Nordion, Uber,
Pizza Express, GDF Suez, Exxon Mobil, Commerzbank)
June 6 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:
** Germany's largest lender Deutsche Bank said it
had considered taking a stake in German soccer club Borussia
Dortmund but decided against it.
The executive board of the bank has decided not to take a
stake in Bundesliga club Borussia Dortmund at the moment, a
spokesman said in a written statement.
** Alitalia will press on with talks to secure a definite
deal with Etihad Airways, the Italian airline's board decided at
a meeting on Friday, having welcomed the rescue plan proposed by
the Gulf carrier.
Etihad, which already has stakes in Air Berlin and
Aer Lingus, is looking to invest more than 500 million
euros ($682 million) in exchange for a 49 percent stake in
Alitalia, sources close to the talks have said.
** Uber Inc has raised $1.2 billion in funding from mutual
funds and investors, valuing the fast-growing rides-on-demand
startup at $18.2 billion, the company said on Friday.
Fidelity Investments put in about $425 million, Wellington
Management $209 million and BlackRock contributed $175 million,
the Wall Street Journal cited a person familiar with the matter
** Shareholders of Canadian medical isotope supplier Nordion
Inc voted on Friday to support a friendly $805 million
friendly takeover bid from U.S. based Sterigenics International,
clearing one of the major hurdles to a deal.
** Bankers are working on debt financing packages of up to
600 million pounds ($1.01 billion) to back a potential sale of
restaurant chain Pizza Express, banking sources said on Friday.
Private equity firm Cinven acquired Gondola, which owns
Pizza Express and other well-known UK restaurant chains, in a
public to private transaction in 2007 for 1.3 billion euros
** The acquisition of Germany-based packaging group Mauser
by private equity firm Clayton Dubilier & Rice (CD&R) will be
backed with $1.6 billion-equivalent of leveraged loans, banking
sources said on Friday.
** The private equity owners of the AA have struck a deal to
sell a 69 percent stake in the British motoring organisation
ahead of a planned flotation later this month, hoping to
side-step the problems they had listing sister company Saga in
Permira, Charterhouse and CVC
said on Friday a group of investors had committed to buying the
stake for 250 pence a share, or 930 million pounds ($1.6
** The board of Turkish Bank Asya mandated its
management to possibly sell its subsidiaries, the lender said on
Friday in a statement to the Istanbul Stock Exchange.
** U.S. oil major Exxon Mobil denied a Friday report
in industry publication Nefte Compass that Exxon was in line to
take over as operator of the giant Kashagan field in an attempt
to fix the beleaguered $50 billion project offshore Kazakhstan.
The group said on Friday that Stephane de Mahieu, an Exxon
secondee, had become managing director of Kashagan oil
development as of May 1, 2014.
** The German government has no current plans to sell its
stake in Commerzbank, a spokeswoman for the finance
ministry said on Friday.
German magazine Bilanz had reported that France's Societe
Generale and Spain's Banco Santander were
each mulling a tie-up with the second largest lender in Germany.
** French gas and power group GDF Suez is looking
to sell a further 30 percent stake in its Australian power
generation and retail business, the Wall Street Journal
** Private equity firms Yunfeng Capital, founded by Alibaba
Group Holding Ltd's Jack Ma, and CITIC Private Equity Funds
Management (CITIC PE) have agreed to invest at least 2 billion
yuan ($320 million) in a unit of Inner Mongolia Yili Industrial
Group Co Ltd, the dairy products company said in a
** Sprint Corp and T-Mobile US Inc might have
some fresh arguments to allay regulator skepticism about a
merger, but the government may still be reluctant to approve
shrinking the U.S. wireless market from four main players to
three. Sprint, purchased by Japan's Softbank Corp in
2013, has agreed to pay about $40 per share, or over $32
billion, for T-Mobile US, a person familiar with the matter said
on Wednesday, bringing to a head a long-discussed and
controversial deal to reshape the U.S. cellphone market.
** Mexican real estate investment trust (REIT) Fibra Shop
Portafolios said its shareholders had approved the
purchase of three shopping centers in the country worth around
1.5 billion pesos ($116 million). The shopping centers belonged
to U.S. REIT Kimco Realty Corp and were in the states of
Morelos next to Mexico City, Chiapas in the south and Sonora in
the northwest, Fibra Shop said in a statement on Thursday.
** The New South Wales state government has set a deadline
of late July for first-round bids for two power stations ahead
of a sale worth about A$1 billion ($931 million), two sources
working on the deal told Reuters on Friday. Australian federal
and state governments have identified some A$100 billion of
state-owned assets for potential sale as they seek new ways to
pay down debt and fund upgrades to critical infrastructure like
** Moroccan local authorities have blocked a deal by Veolia
Environnement to sell its Moroccan water, wastewater
and electricity businesses due to a dispute over investments.
The French company agreed in 2013 to sell the Moroccan
businesses to investment fund Actis for about 370 million euros
($504 million). The businesses are operated by concession
companies Redal in the capital Rabat and Amendis in the northern
cities Tangiers and Tetouan.
** A private equity consortium led by KKR & Co LP
has agreed to pay about $270 million for up to 70 percent of
China's COFCO Meat, a source said, targeting consumers willing
to pay a premium for high quality, safe pork products.
The deal underscores the trend towards food safety in China,
and follows Shuanghui International's acquisition
last year of U.S. firm Smithfield Foods Inc, the
world's largest pork processor, to secure a supply of high
quality meat. The firms announced the deal on Friday without
giving financial details.
** Finnish media group Sanoma Oyj said on Friday
that it had reached a deal to sell 19 magazine titles in the
Netherlands to a local company New Skool Media. Loss-making
Sanoma did not disclose the deal's value, but said annual sales
of the titles totaled 38 million euros ($52 million). Sanoma
said seven more titles were under review in the country.
** Texas's largest power provider, the bankrupt Energy
Future Holdings Co, was cleared to get final approval
on Thursday for about $4.5 billion in financing deals that it
has said were important to maintaining its business. Judge
Christopher Sontchi of the U.S. Bankruptcy Court in Wilmington,
Delaware, said he would dismiss objections that the financing
was overly favorable to senior creditors who would end up owning
the company's generating and retail utility unit.
** Independent refiner Phillips 66 is buying a 7.1
million-barrel storage terminal near Beaumont, Texas, as part of
the company's plan to beef up logistics and transportation
assets. The terminal, now owned by Chevron Corp, is
nearly 60 miles from Phillips' nearest refinery, its 239,400-
barrel-per-day plant in Westlake, Louisiana.
** Deutsche Boerse AG is considering selling its
International Securities Exchange (ISE), a source familiar with
the company's thinking said on Thursday. No banks have been
mandated to assist Deutsche Boerse with a sale of its U.S.
options exchange, the person said, adding that valuation levels
were currently not attractive enough for Deutsche Boerse to
pursue a sale in the short run.
Deutsche Boerse would like to use the proceeds from an
eventual sale of its ISE unit to fund expansion in Asia, two
sources familiar with the thinking of the German exchange
operator said on Friday.
(Compiled by Lehar Maan and Shailaja Sharma in Bangalore)