(Adds ALM Media, Azerbaijan state oil fund, Pernod Ricard,
April 1 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:
** American Lawyer publisher ALM Media, which was once
controlled by Wall Street dealmaker Bruce Wasserstein, is
exploring a sale that could fetch more than $500 million, people
familiar with the matter said.
** Pernod Ricard is looking to sell its Becherovka
liquor brand in the Czech Republic in a deal that could be worth
up to $200 million, according to sources familiar with the
** French transport firm Transdev, partly owned by Veolia
Environnement is in talks with Norway's Siem Shipping
about the sale of its stake in Mediterranean ferry
operator SNCM, Transdev said in a letter to the French transport
** Aberdeen Asset Management will pay Lloyds Banking
Group a 39.4 million pound ($65.7 million) "top-up"
payment for the purchase of Scottish Widows Investment
Partnership, which may lift the UK bank's stake in Aberdeen to
near 11 percent.
** South African transport group Barloworld Ltd
said on Tuesday that it sold its Australian auto retail unit for
1.3 billion rand ($124 million).
** Hungarian energy group MOL has finalised a deal
to sell a 49 percent stake in upstream company BaiTex LLC to
Turkish Petroleum Corp for about $175 million, MOL said in a
statement on Tuesday.
** Scottish engineering company Weir Group has
approached Finnish rival Metso over a possible $5
billion combination as it tries to expand its core mining
division to match its rapid growth in oil and gas.
** Belgian supermarket chain Delhaize on Tuesday
agreed to sell its 39 supermarkets in Bosnia and Herzegovina to
Tropic Group B.V., a further disposal of non-core activities in
** French turbine and train maker Alstom is
selling its heat exchanger business for a higher-than-expected
730 million euros ($1 billion), giving a boost to its drive to
raise cash to help it cope with weak demand for power equipment.
** Oversea-Chinese Banking Corp Ltd, Singapore's
second-biggest lender, made a formal offer to buy Hong Kong's
Wing Hang Bank Ltd for a slightly lower than expected
HK$38.428 billion ($4.95 billion).
** Williams Grand Prix Holdings, parent of the Formula One
team, has sold a hybrid power unit that has applications in mass
transport to British engineering firm GKN, the two companies
announced on Tuesday. GKN said it was paying 8 million pounds
($13 million) with further payments based on future sales and
licenses over the next 10 years.
** German carmaker Daimler is taking over stakes
in two battery cell producers from Evonik, making
Daimler the sole owner of both companies.
** Kenya's TransCentury said on Tuesday that it has
sold its 34 percent stake in Rift Valley Railways (RVR) to
Egyptian private equity firm Citadel Capital.
** French conglomerate Bouygues turned up the heat
in its battle for control of Vivendi's telecom unit SFR
on Tuesday by extending its offer to April 25 from April 8 and
presenting a 500 million euro ($689 million) break-up fee.
** Jupiter Fund Management said on Tuesday that it
had sold its private client and charities operations to a unit
of Rathbones Brothers.
(Compiled by Neha Dimri and Rohit T.K. in Bangalore)