(Adds Temasek Holdings, Dmail Group, Reed Elsevier, H&R Real,
Saint-Gobain, SeaWorld Parks, Grupo Herdez, PGM Holdings;
updates Etisalat, Sun Life Financial)
Jan 17 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Thursday:
** PGM Holdings KK, Japan's second-largest golf
course operator, failed in its hostile bid to buy a majority
stake in bigger rival Accordia Golf Co, the Nikkei
reported citing sources.
** Mexican processed foods company Grupo Herdez
said on Thursday it plans to buy Nutrisa, a frozen yogurt and
food supplement chain, in a deal valuing the company at almost
** SeaWorld Parks and Entertainment, which is exploring a
sale, has attracted early buyout interest from private equity
firm Apollo Global Management LLC and amusement park
operator Six Flags Entertainment Corp, according to
three people familiar with the matter.
** Saint-Gobain said on Thursday it has accepted a
$1.7 billion euro offer from Ireland's Ardagh Group for its
Verallia North America unit after its workers' council backed
** H&R Real Estate Investment Trust has launched a
$4.5 billion bid to buy Primaris Retail REIT because
it is a "once-in-a-lifetime" opportunity to capitalize on Target
Corp's imminent expansion into Canada.
** Reed Elsevier said on Thursday it had
sold its LexisNexis screening business to a private equity group
as part of a move to focus on assets with more predictable
earnings and higher margins.
** Italian e-commerce and publishing company Dmail Group
has not inked any agreement to sell assets, the company
said, denying press reports that sent its shares to a six-month
high on Thursday.
** Singapore state investor Temasek Holdings Pte Ltd
is not interested in investing in Dell Inc as
part of a consortium led by private equity firm Silver Lake
Partners, a source with knowledge of the matter said.
** Sun Life Financial Inc and Malaysian state
investor Khazanah will buy Aviva Plc's Malaysian
insurance joint venture with lender CIMB Group for 1.8 billion
Malaysian ringgit ($597 million) in a deal that will accelerate
Sun Life's push into southeast Asia.
** Norwegian fund manger Odin Forvaltning will accept BASF's
sweetened takeover offer for fish-oils maker Pronova
and expects the German company to exceed its 90
percent threshold to complete the deal, it said on Thursday.
** Italian private equity fund Clessidra would consider a
full takeover bid for Telecom Italia Media, a source
close to the fund said, as the board of Telecom Italia met to
decide what to do with its stake in the loss-making company.
** Medical device maker Stryker Corp said it will
buy Hong Kong-based Trauson Holdings Co Ltd for $764
million in cash to expand in China, one of the fastest-growing
markets for orthopaedic products.
** Abu Dhabi's Etisalat is interested in buying
Vivendi's 53 percent stake in Morocco's top telecom
operator, potentially resuming foreign expansion that appeared
over with its withdrawal from key Asian markets last year.
** ArcelorMittal SA and Brazil's Cia. Siderúrgica
Nacional SA have emerged as leading bidders for steel
mills ThyssenKrupp AG is trying to sell in the United
States and Brazil, a source close to the deal said on Thursday.
** U.S. telecoms group AT&T is looking at an
acquisition in Europe, possibly of Dutch peer KPN or
the UK's Everything Everywhere, to offset weak growth at home,
the Wall Street Journal reported.
** BTG Pactual Group, Latin America's largest
investment bank, pulled out from the race to acquire GVT SA, the
Brazil-based telecommunications unit of Vivendi SA, a
newspaper reported on Thursday.
** An alliance between French water and waste companies
Veolia Environnment and Suez Environnement
would be hard to implement because of antitrust concerns, Veolia
head Antoine Frerot said on Thursday.
** Low-cost French telecoms firm Iliad is unlikely
to take part in any consolidation of the local industry, but
sees network sharing as an option to boost operators' earnings,
its founder and CEO said in a newspaper interview on Thursday.
** Dutch brewer Heineken said it would close its
offer for remaining Asia Pacific Breweries shares at
the end of the month and was set to take full control and delist
its target in February.
** The owner of Russian mobile group Megafon has
been in talks with rivals over a potential carve-up of Swedish
telecom group Tele2's business in Russia, Vedomosti
** Mexico's Grupo Bimbo and a partnership
between Apollo Global Management and veteran food
executive C. Dean Metropoulos are among the leading candidates
to buy Hostess Brands Inc's snack cake brands, according to
three people familiar with the matter.
** A private equity fund that has made a binding offer for
Telecom Italia's TV unit could consider a full
takeover bid if asked to, but will not increase its offer, a
source close to the matter told Reuters.
** U.S. footwear maker K-Swiss Inc said it has
agreed to be acquired by South Korean retailer E-Land World Ltd
for $4.75 per share in cash in a deal valued at about $170
** Shares in Dutch telecoms company KPN rose more
than 4 percent on Thursday after a report that U.S. peer AT&T
is looking at an acquisition in Europe, including KPN and
UK carrier Everything Everywhere.
** EIG Global Energy Partners LLC has agreed to drop its
opposition of the sale of its former parent, asset manager TCW
Group Inc, to private equity firm Carlyle Group, marking
the end of a four-month legal battle.
** Clearwire Corp shareholder Mount Kellett
complained that Sprint Nextel Corp's offer to buy out the
company was "grossly inadequate" and said Clearwire's special
committee had breached its fiduciary duties in accepting the
(Compiled by Vishal Krishnan Menon and Pallavi Ail in