(Adds MSC Industrial, Rosneft,Morgan Stanley Real Estate
Investing, Western Energy Services, SNI, Magellan Midstream;
updates Polyus Gold, Gardner Denver)
Feb 22 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** Gardner Denver Inc prepared for a board meeting
to consider a $3.7 billion buyout offer by KKR & Co LP
as its 2013 earnings forecast on Friday came well below
analysts' expectations on weak demand for its pumps.
** Russian billionaire Mikhail Prokhorov has sold his stake
in London-listed gold miner Polyus Gold to two Russian
buyers for $3.6 billion after approval from British regulators.
** Morgan Stanley Real Estate Investing (MSREI) said one of
its funds had bought the Metropolis shopping mall in northwest
Moscow, in what it called Russia's biggest commercial real
estate deal for $1.2 billion, several sources told Reuters.
** The investment vehicle of Morocco's royal family, SNI,
sold a 37.7 percent stake in dairy firm Centrale Laitiere to
French partner Danone in a block trade on Friday,
traders said. Danone had agreed to pay 550 million euros
($727.23 million) to take control of Morocco's top dairy product
** Industrial products distributor MSC Industrial Direct Co
Inc said it would buy the North American distribution
business of Barnes Group Inc for $550 million to gain
access to the metalworking and maintenance, repair and
operations (MRO) market in Canada.
** Magellan Midstream Partners LP said it would buy
800 miles of refined petroleum products pipelines from Plains
All American Pipeline LP for $190 million, expanding a
network that is already the longest in the United States.
** Western Energy Services Corp, owner of the
sixth-largest fleet of drilling rigs in Canada, will buy IROC
Energy Services Corp for about C$157 million ($154
million) to add rigs used in maintaining oil and gas wells.
** The governor of the U.S. Virgin Islands said on his
website this week that HOVENSA, the joint venture of Hess Corp
and Venezuela's PDVSA, will consider selling
its shuttered refinery there.
** Finnish company Ahlstrom has delayed the
spin-off of its speciality paper business via a merger with
Swedish firm Munksjo due to talks with EU antitrust regulators.
** Rosneft plans to take control of rival Russian
oil company TNK-BP by April 1, completing one of the
sector's biggest takeovers three months early, an industry
source with knowledge of the deal said. Rosneft is buying the
business for $55 billion from its 50-50 owners, private Russian
consortium AAR and British oil company BP, in two
(Compiled by Mridhula Raghavan and Neha Alawadhi in Bangalore)