Nov 21 The following bids, mergers, acquisitions
and disposals were reported by 1100 GMT on Wednesday:
** Veolia Environnement said it completed the sale
of its U.S. solid waste business to ADS Waste Holdings for $1.9
billion as the French waste and water group seeks to cut debt.
** Germany's BASF is buying a maker of fish oils
used in heart drugs and food supplements for an agreed $845
million, seeking steady growth in nutrition markets to
complement its more volatile chemicals and plastics businesses.
** TransCanada Corp said it would pay C$210 million
($210 million) for BP Plc's 40 percent stake in the
Crossfield Gas Storage facility, 50 kilometers (31 miles) north
of Calgary, Alberta, to consolidate ownership of the operation.
** Oil services firm Aker Solutions terminated its
bid to buy Dubai-based NPS Energy after the sides failed to
reach a final deal following a preliminary agreement in May, the
Norwegian firm said on Wednesday.
** Coloured gems miner Gemfields has agreed to buy
Faberge, famous for its Tsarist-era jewelled eggs, in a deal
valuing the luxury jeweller at about $142 million.
** Daily Mail has agreed to sell its regional
titles to a new company led by tabloid veteran David Montgomery
in the biggest shake up of the British newspaper market for
** Turkey's telecoms company Turk Telekom said on
Wednesday it had placed non-binding bids to buy Bulgaria's Cosmo
Mobile (Globul) and Germanos Telecom Bulgaria.
** France's Darty Plc, formerly known as Kesa,
plans to sell its loss-making Italian operations to DPS Group
SRL and take a 15 percent stake in the Italian electrical goods
** British microprocessing firm Imagination Technologies'
$60 million pursuit of the operating business of MIPS
Technologies faces competition after the U.S. company
received a higher bid from a rival firm.
** Indian drugs maker Cipla Limited has offered to
buy about a 51 percent stake in South Africa's Cipla Medpro
, to strengthen its position in the fast-growing African
** The Czech government aims to merge two state energy
companies and sell up to a third of the combined entity to
foreign oil suppliers, creating a strong industry player that
could acquire part of the country's main refinery, a newspaper
reported on Wednesday.
(Compiled by Vishal Krishnan Menon in Bangalore)