Aug 19 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Monday:
** Finland's government is in talks with E.ON
over a possible acquisition of the German company's 20 percent
stake in gas company Gasum, a Finnish official said.
** Italian bank UBI said it had agreed to sell its
Swiss unit Banque de Depots et de Gestion SA (BDG) to
Geneva-based Banque Cramer & Cie SA as it strives to streamline
its structure and dispose of non-strategic assets.
** Ares Management LLC and Ontario Teachers Pension Plan
said on Monday they would buy building-products maker CPG
International Inc, betting on a long-awaited recovery for an
industry that has lagged the rebound in the broader U.S. housing
** Norway's Statoil sold stakes in North Sea oil
fields to Austria's OMV on Monday, in a $2.65 billion
deal giving the former cash to develop new projects and placing
the latter on course to meet ambitious output targets.
** Turkish companies Sabanci Holding and Dogus
Holding have expressed interest in buying a stake in Telekom
Srbija, Serbian Trade and Telecommunications Minister Rasim
Ljajic said in a statement on Monday.
** Brazil's LLX Logística SA said it was in
advanced talks with state development lender BNDES and
private-sector bank Banco Bradesco SA to refinance 863 million
reais ($360 million) in short-term debt, a move that might be a
key prerequisite of its proposed sale.
** Sweden's Atlas Copco is buying British vacuum
pump specialist Edwards Group for up to $1.6 billion in
cash as it tries to offset deteriorating profits from its mining
engineering business, it said on Monday.
** Bahrain-based Investcorp said it agreed to sell
a majority stake in British online payments services firm Skrill
Group to private equity group CVC Capital Partners for
600 million euros ($800 million).
** Blackstone Group's real estate arm has offered to
buy Hong Kong-listed construction firm Tysan Holdings Ltd
for $322.6 million, according to a regulatory filing.
** British engineer Kentz Corp said on Monday it
had rejected takeover approaches from larger London-listed rival
Amec and German group M+W Group, saying both
undervalued the company.
** Former Rosneft executive Eduard Khudainatov,
who left the Russian oil major last month, has started his own
business and agreed to buy two energy firms for $500 million,
the Kommersant daily reported.
** Bahrain-based investment house Arcapita, which
agreed on a restructuring plan earlier this year, said it had
sold North American logistics firm 3PD Holding to XPO Logistics
Inc for $365 million.
** The Warsaw bourse operator GPW agreed to buy 30
percent of start-up share trading exchange Aquis for 5 million
pounds ($7.8 million) in its first step to expand outside
central Europe, GPW's Chief Executive said.
** Brazilian state-controlled oil company Petroleo
Brasileiro SA raised $2.1 billion from the sale of
stakes in several petrochemical and oil exploration projects,
making progress in its effort to shed non-core assets and
** Ethiopia signed an $800 million deal with China's ZTE
on Sunday to expand mobile phone infrastructure and
introduce a high-speed 4G broadband network in the capital Addis
Ababa and a 3G service throughout the rest of the country.
** Japan's Mitsui & Co and U.S. private equity firm
Carlyle Group have submitted preliminary bids for Quality
Healthcare Medical Services, which is being sold by India's
Fortis Healthcare and is valued at around $300
million, people familiar with the matter said.
** Austria has negotiated more time to sell off the main
unit of nationalized bank Hypo Alpe Adria, which is
the subject of an EU state-aid review, its finance minister
said. Maria Fekter said the bank would now be allowed until
mid-2015 to sell its southeastern Europe operations, an
extension to the deadline of end-2013 the European Commission
had originally wanted to impose for the winding down.
** EIG Global Energy Partners LLC is interested in buying
more assets from troubled Brazilian tycoon Eike Batista, a
person familiar with the U.S. investment company's plans said,
days after it closed a $544 million deal that gives it control
of a major new port.
** British banking group Lloyds is readying a sale
of its German life insurance business, a source with knowledge
of the matter said, as the British state-backed bank exits
overseas markets to focus on lending at home.
** W&G Investments Plc , one of the three bidders
vying for Royal Bank of Scotland's 315 branches, said
the sale could be delayed beyond the two-year schedule.