Feb 8 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** Private equity firms are reviving plans for a potential
10 billion pound ($15.7 billion) buyout of the UK's biggest
mobile operator EE, encouraged by recent deals like Virgin Media
Big buyout companies including U.S.-based KKR and
Europe's CVC Capital Partners are trying again to
persuade banks to help fund a deal they have been unable to get
off the ground for the past year, people familiar with the talks
** ICE plans to spin off thriving Paris-based
agricultural commodity contracts and may also have to sell
London soft commodity contracts if its acquisition of NYSE
Euronext goes through.
** Albania has invalidated the winning 850 million euro
($1.1 billion) bid by Vetro Energy to buy its Albpetrol oil
company after the Albanian-U.S. firm failed to come up with an
initial payment, the energy minister said.
** Turkey's Konya Seker-Siyah Kalem consortium placed the
highest bid of $985 million at an auction for the Kangal thermal
power plant, the Privatisation Adminstration said.
** The main owners of Danish telecom operator TDC
have agreed to sell shares in the company worth about 3.28
billion Danish crowns ($590 million) at recent prices.
** German property financier Aareal Bank is in
talks to buy rival lender Corealcredit from its owner, U.S.
investor Lone Star, several people familiar with the process
** German glass maker Schott expects preliminary bids for a
majority stake in its solar thermal unit within the next two
weeks, a source familiar with the sale said.
** Cantor Fitzgerald Europe said it was buying "certain
assets and businesses" of British small and mid-market brokerage
firm Seymour Pierce.
** CIT Group Inc had preliminary talks over the past
year and a half to sell itself to banks, including
Toronto-Dominion Bank and Wells Fargo & Co, but
nothing came of the conversations, according to three people
familiar with the specialty finance company.
** Siemens AG is set to shortly start the sale of
several units as part of its efforts to streamline operations
and stay competitive in a weak global economy, people familiar
with the matter said.
** Chinese biotechnology firm 3SBio Inc said it
agreed to be taken private by Decade Sunshine Ltd for about $340
million, reflecting a wider trend of Chinese companies going
private to escape U.S. regulatory scrutiny.
** Reinsurer Arch Capital Group Ltd said it would
acquire CMG Mortgage Insurance Co and the operating platform of
PMI Mortgage Insurance Co for about $300 million to enter a
resurgent U.S. mortgage insurance market.
** Dana Gas, an Abu Dhabi-listed energy firm, has
sold more than half its stake in Hungarian oil and gas group MOL
, two sources familiar with the matter said on Friday,
sending its shares lower.
** Indonesia's politically influential Bakrie family is in
talks to sell its majority interest in media unit PT Visi Media
Asia to help finance a plan to buy back coal assets
from London-listed Bumi Plc, three sources with direct
knowledge of the matter said.
** India's Sun Pharmaceutical Industries Ltd, which
has been on a buying spree, ended its agreement to gain full
control over its Israeli unit Taro Pharmaceutical Industries Ltd
** Japan's Dai-ichi Life Insurance Co said it had
agreed to cancel a life insurance joint venture with China
Huadian Corp due to differences over management
** Drugmaker Tranzyme Inc said it will explore a
possible sale of the company, less than two years after it went
public and shortly after it stopped trials of one of its most
advanced drug in development.
** France has no plans to support ailing carmaker PSA
Peugeot Citroen with a stake purchase, Prime Minister
Jean-Marc Ayrault said, cooling speculation of a cash injection
to ease the company's problems.
** Turkish energy company Enerjisa aims to purchase at least
one more power distribution network and is interested in the
Toroslar and Ayedas grids, said Selahattin Hakman, energy group
chairman of parent conglomerate Sabanci Holding.
** Gold miner Aurizon Mines Ltd said it was in
talks with a number of potential buyers, after rejecting last
month an unsolicited C$780 million ($785 million) offer from
Alamos Gold Inc.
** PT Lippo Karawaci may split off its hospital
division into a separate unit to prepare for an IPO or a
strategic investment, its top executive said, as Indonesia's
biggest property firm by market value seeks funds to expand in
the growing healthcare industry.