Feb 14 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Thursday:
** Warren Buffett's Berkshire Hathaway Inc and 3G
Capital will buy H.J. Heinz Co for $72.50 per share, or
$23.2 billion, Heinz said.
** American Airlines and US Airways Group said they
plan to merge in a deal that will form the world's biggest air
carrier, which will have a combined equity value of $11 billion.
** Portugal sold its remaining stake in Energias de Portugal
(EDP), continuing its commitment to relinquish state
assets after receiving a 78 billion euro bailout from the
European Union and IMF in June 2011.
** Czech energy firm EPH and Macquarie will submit
a joint bid for Net4Gas, the Czech gas transmission system
operator owned by Germany's No.2 utility RWE, four
people familiar with the matter told Reuters.
** Oil and gas producer Endeavour International Corp
said it would explore a sale of the company as it was
disappointed by the "dislocation" between its share price and
the underlying value of its assets.
** Anheuser-Busch InBev, the world's largest
brewer, said it had now agreed to sell Mexican brewer Grupo
Modelo's Piedras Niegras brewery to Constellation
Brands and grant it perpetual rights for Corona and
other Modelo brands in the United States, at a cost of $2.9
** U.S. drug wholesaler Cardinal Health Inc said it
plans to acquire AssuraMed, a privately held direct-to-home
medical supply distributor, for about $2.07 billion.
** Kazakhstan's wealth fund Samruk-Kazyna said it
had paid $1.65 billion for a 29.8 percent stake in
Glencore-controlled zinc producer Kazzinc.
** German group Allianz, Japanese company Dai-ichi
Life Insurance and Zurich Insurance are in
the race for Yapi Kredi Sigorta - a joint venture
between Turkish group Koc Holding and Italian bank
UniCredit, three banking sources said.
The business has a market value of $1.2 billion, according
to Reuters data.
** China's state-owned CITIC Group has bought a
A$452 million ($467 million) stake in Australia's Alumina Ltd
, giving it an interest in the world's largest alumina
business at a time when China has grown more dependent on
** Best Buy Co Inc founder Richard Schulze may scrap
a buyout bid and instead line up investors to take a minority
position in the electronics retailer, sources familiar with the
situation said on Wednesday.
** Britain's Aberdeen Asset Management Plc said it
would buy New York-based asset management firm Artio Global
Investors Inc for about $175 million in cash to expand
its North American distribution network.
Aberdeen also took a 50.1 percent stake in international
private equity firm SVG Advisers (SVGA) for a cash consideration
of £17.5 million.
** Finnish chemicals group Kemira said it will
sell its 39 percent stake in titanium dioxide joint venture
Sachtleben to its partner Rockwood Holdings for 97.5
million euros ($131 million) to focus on its other businesses
such as water quality management.
** Belgian visual display technology group Barco
said it had bought a Taiwan-based company that specialized in
wireless content sharing and WiFi-enabled presentations, to
boost its presence both geographically and in this business.