(Adds Best Buy, RCS MediaGroup, Rio Tinto; updates Danfoss,
March 1 The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on Friday:
** Spanish building and services group FCC said
that it plans to sell at least 2.2 billion euros ($2.9 billion)
of assets in the next three years to reduce debt.
** Danish industrial group Danfoss A/S will take full
control of Sauer-Danfoss Inc by acquiring a quarter of
the company it does not already own for about $700 million,
strengthening its footing in the mobile hydraulics
** Global miner Rio Tinto has appointed
investment banks Credit Suisse and CIBC to
sell its majority stake in Canada's largest iron ore producer,
two sources familiar with the matter said.
** Bertelsmann AG, Europe's largest media company,
is buying out its partner in music rights company BMG, banking
on pop fans splashing out on more digital downloads.
The German group, best known for its TV arm RTL and
publisher Random House, said the purchase of the 51 percent
stake from private equity group KKR & Co LP valued BMG
at 1.1 billion euros ($1.4 billion), including
** Facebook Inc said on Thursday it had agreed to buy
advertising technology from Microsoft Corp that
measures the effectiveness of ads on its website, which should
help in its fight with Google Inc for online
advertising revenue. Facebook did not say how much it paid for
** Best Buy Co on Friday rejected what it considered
a poor minority investment offer from Richard Schulze's private
equity sponsors, following the founder's earlier push to take
the entire company private.
** Italian businessman Andrea Mastagni is interested in
buying the 10 magazines the debt-laden publisher RCS MediaGroup
has put up for sale to shore up its balance sheet, a
source who has knowledge of talks between RCS and suitors told
Reuters on Friday.
** A consortium led by Carlyle Group and company management
has reached a deal to take Chinese economy hotel chain 7 Days
Group Holdings Ltd private, after raising its bid by 9
percent to $688 million.
** William Hill is to pay 424 million pounds ($643
million) for full control of its online business, marking an
acceleration of the expansion of Britain's largest bookmaker.
** Nomura Holdings Inc said it would cut its stake
in Nomura Real Estate Holdings in a deal that will
raise about $577 million as Japan's largest brokerage prepares
for tougher capital regulations.
** Popular Inc said it will sell $568 million of
non-performing loans to a joint venture between Caribbean
Property Group and funds affiliated with Perella Weinberg
Partners, paving the way for the lender to repay federal bailout
** Arkady Rotenburg, a construction billionaire and former
judo sparring partner of Russian President Vladimir Putin, has
bought a 10.7 percent stake in Rostelecom, the
state-controlled telecoms group said.
** Ithaca Energy Inc has agreed to buy Valiant
Petroleum Plc for 203 million pounds ($308 million) in
cash and stock, in a deal that will enable it to double its 2013
production forecast from oilfields in the North Sea.
** Pay-TV group BSkyB said it agreed to buy
Telefonica's British broadband and fixed-line telephony
business for up to 200 million pounds ($304 million) as the
company continues to beef up its broadband offering.
** Swedish state-owned energy group Vattenfall
said it was considering selling block R of its Lippendorf brown
coal-fired power station as well as other assets in Germany.
** Hikma Pharmaceuticals Plc said it is reviewing
options for its lucrative injectables business after receiving
several unsolicited expressions of interest, driving up its
shares nearly 8 percent to a life-high.
** Kenyan fuel marketer KenolKobil said on Friday
that talks to allow Switzerland-based Puma Energy to take it
over had been terminated, confirming recent market speculations.
** Mexico's stock exchange has agreed to buy a small stake
in Lima's bourse as part of a strategic venture to connect the
two countries' capital markets, according to a regulatory filing
by the exchange on Thursday.
Mexico's Bolsa Mexicana de Valores will buy 5.9
percent of the class A shares of the Bolsa de Valores de Lima
, according to the filing.
($1 = 0.7649 euros)
($1 = 0.6588 British pounds)
(Compiled by Garima Goel and Mridhula Raghavan in Bangalore)