(Adds Life Technologies, Daimler, Fraser and Neave, BayernLB ;
updates Glencore, Bilfinger, ThyssenKrupp AG, SNS Reaal,
Jan 18 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** German regional public sector lender BayernLB
has started preparations to sell its Luxembourg-based corporate
lender and private wealth unit LBLux, three sources familiar
with the process said.
** Thai billionaire Charoen Sirivadhanabhakdi raised his
offer for Fraser and Neave Ltd (F&N) to S$9.55 per
share, valuing the Singapore property and drinks firm at nearly
S$13.8 billion ($11.3 billion), to fend off a rival bid.
** Daimler wants to buy a stake in the car unit
of its Chinese partner BAIC Group this year as part
of a drive to bolster its sagging position in the country, two
sources close to the plans said.
** Life Technologies Corp is exploring a potential
sale and has retained banks to advise on the process, sending
shares of the biotechnology company 11 percent higher to an
all-time high on Friday.
** Liberty Media Corp has taken majority ownership
of Sirius XM Radio Inc, a securities filing showed,
after months of trying to wrest control of the satellite radio
** South African power utility Eskom has withdrawn its
objections to commodities trader Glencore's takeover of
miner Xstrata, removing one of the potential hurdles to
the $33 billion deal.
** Italian carmaker Fiat said on Friday it had
signed a final agreement with Mazda Motor Corporation
for the Japanese group to manufacture a two-door spider for its
Alfa Romeo brand.
** Sony Corp said it has agreed to sell its U.S.
headquarters building in New York City for $1.1 billion to a
consortium led by real estate developer The Chetrit Group.
** German group Bilfinger, which has shifted to
servicing industrial plants from construction, will buy water
technology company Johnson Screens for around 100 million euros
($134 million) to access customers in the United States and
** State-run Banco do Brasil SA is considering
boosting its stake in Banco Votorantim SA, in which it currently
owns 49.9 percent of the capital, according to a securities
filing on Friday.
** Austrian energy group OMV has agreed to sell
its LMG stockholding business to its ELG unit and will have a
one-off gain of 440 million euros ($588 million) from the sale,
** Barry Callebaut said it was buying a chocolate
factory in Sweden and signed an outsourcing agreement in Denmark
to boost its presence in Scandinavia.
** Generali has attracted three non-binding offers
for its Swiss private bank BSI, two of which exceed 2 billion
euros ($2.66 billion), in a deal that could help the Italian
insurer shore up capital to meet new regulatory rules, two
people familiar with the situation said on Friday.
Brazilian-Swiss private bank Safra, a Chinese player and a
European consortium made up of a private equity firm and an
industry rival have made offers and are now reviewing BSI's
accounts, the people said.
** Dutch banking and insurance group SNS Reaal is in
talks to sell a private banking business to rival Bank ten Cate,
as it battles to avoid a second state bailout following huge
losses on property loans.
** Mexican bottler Coca-Cola FEMSA SAB De CV said
on Thursday that it has agreed to buy Grupo Yoli, maker of a
popular lime-flavored soft drink, in a deal valued at around
$700 million where the Coke giant will pay with shares and
** U.S. cable group Liberty Global said on Friday
it would not extend its bid for Belgian cable operator Telenet
, in which it now holds a 58.3 percent stake.
** The sale of ThyssenKrupp AG's steel mills in
Brazil and the United States is on track and should be completed
by the end of September, as expected, the German steelmaker's
chief executive said.
Brazil's BNDES development bank is in talks with Cia
Siderúrgica Nacional SA over how the bank could help the
country's No. 2 flat steelmaker buy ThyssenKrupp AG's Steel
Americas unit, a source with knowledge of the situation said
** Video games seller Game Group has approached the
administrators of HMV about acquiring some of the collapsed
music retailer's stores, Game's boss told the Financial Times.
** Chrysler Group LLC is close to striking a deal with
Spain's Banco Santander to set up an in-house financing
arm to be called Chrysler Capital, the Wall Street Journal
reported on Thursday, citing unnamed sources.
** PGM Holdings KK, Japan's second-largest golf
course operator, said on Friday its hostile bid for bigger rival
Accordia Golf Co had failed.
(Compiled by Vishal Krishnan Menon and Pallavi Ail in