(Adds Azoty, Essar, Telecom Italia, Insurer Generali, E.ON,
Aabar Investments, Banca Etruria, Pertamina, Mediclinic, Etihad,
June 11 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
** Japan is in early talks with top global helicopter makers
and their Japanese partners about a deal worth around $2 billion
to build transport aircraft for its military that would also be
sold overseas, sources with knowledge of the discussions said.
** Alibaba Group Holding Ltd IPO-ALIB.N will fully acquire
mobile browser firm UCWeb in the biggest merger in Chinese
internet history, upping the stakes in its battle with
arch-rivals Tencent Holdings Ltd and Baidu Inc
** Siemens is in talks with Mitsubishi Heavy
Industries over a joint bid for the energy assets of
France's Alstom, a move which could help the German
firm overcome antitrust hurdles.
** CBS Corp said it would divest its 81 percent
stake in its outdoor advertising subsidiary, CBS Outdoor
Americas Inc, over three days from July 7.
** A 7.6 billion euro-equivalent ($10.35 billion) loan that
finances Dutch coffee and tea company DE Master Blenders'
merger with the coffee business of Mondelez
International and refinances existing debt was priced
on Wednesday, bankers said.
** IBM Corp is nearing a deal to sell its
chip-making business to contract chipmaker Globalfoundries Inc,
Bloomberg reported, citing people familiar with the matter.
** Touchscreen chipmaker Synaptics Inc said it
would buy the sole supplier of display chips for the iPhone for
$475 million, potentially winning back Apple Inc as a
** Goldman Sachs placed a stake in German forklift
truck maker Kion Group at a price of 32.70 euros per
share on the open market, two people familiar with the
transaction told Reuters on Wednesday.
** China's Baosteel Resources may have to raise its bid for
Aquila Resources Ltd after a new stakeholder bought
into the iron ore and coal developer at a price 10 percent
higher than Baosteel has offered.
** Patent risk management company RPX Corp is in
advanced talks to acquire litigation data provider
PatentFreedom, three sources familiar with the deal said, a move
that highlights the growing importance of services for companies
trying to fend off patent lawsuits.
** Commerzbank has sold 5.1 billion euros in
property assets in Spain, Japan and Portugal in a move to shed
risky assets from its balance sheet in one of the biggest deals
of its kind since Spain's 2008 real estate crash.
** Dutch animal feed group Nutreco NV said it was
unable to find a suitable buyer for its Spanish and Portuguese
businesses, which it put under strategic review in 2013.
** Poland's largest wholesaler Eurocash said it
bought a controlling stake in retail chain Inmedio and rights to
a franchise brand 1minute from French media group Lagardere
** Singapore Telecommunications Ltd, Southeast
Asia's largest telecoms operator, said on Wednesday it would buy
two digital advertisers for a total of $359 million, eager to
achieve profitability for the business through expansion.
** HSBC said on Wednesday that it had agreed to
sell its UK pensions business to ReAssure, owned by Swiss Re
, but would continue to manage the business's assets.
** Exhibitions organizer ITE Group Plc said it
signed a binding contract to acquire a 50 percent stake in
Indonesia's PT Debindo Unggul Buana Makmur from a group of three
private individuals for an undisclosed amount.
** Israeli real estate developer Azrieli Group
said it agreed to sell energy unit Sonol Israel to holding
company S. Shlomo Holdings for 450 million shekels ($130
** Pakistan set the floor price for its sale of shares in
United Bank at 155 rupees per share, a source with
direct knowledge told Reuters on Wednesday, as the cash-strapped
government seeks to raise funds by selling assets.
** South Korea's KB Financial Group Inc has been
chosen as the preferred bidder to buy 20 percent of LIG
Insurance after submitting an offer of about 600
billion won ($590 million), a source working on the deal said.
** Italian state controlled defense group Finmeccanica
said on Wednesday that it had signed two agreements
with China for possible deals in the helicopters and rail
** Poland said on Wednesday it was not interested in selling
state-controlled chemical firm Azoty, which it sees as
an important national asset, after Russian rival Acron
increased its stake.
** India's Essar Group plans to sell the Stanlow refinery in
Britain, three sources familiar with the matter said. Essar is
seeking to raise $500-$600 million for the plant in the
northwest of England, two of the sources said.
** Telecom Italia CEO Marco Patuano was unable to
say on Wednesday when the Italian telecoms group would complete
the $960 million sale of its Argentinian unit, suggesting that
finalising deal may be taking longer than thought.
** Insurer Generali, one of four key owners of
Telecom Italia, decided to exit ahead of time a seven-year
shareholder agreement to control the Italian phone company,
making room for future new investors.
** Germany's E.ON wants 220 million euros for its
47.2 percent stake in gas utility Latvijas Gaze,
which is too much, the country's prime minister said on
** Abu Dhabi's Aabar Investments has cut its
stake in Dubai builder Arabtec, the stock exchange
said on Wednesday, raising questions over the state fund's
commitment to what it has seen as a strategic asset.
** Banca Etruria said on Wednesday it could not
approve a takeover offer for around 220 million euros by bigger
rival Banca Popolare di Vicenza for now but would
continue negotiations to find an agreement.
** Indonesia's state energy firm Pertamina is in
talks with Canadian energy company Talisman Energy Inc
about a potential partnership in Alberta's Duvernay shale play,
Pertamina chairman Dr Sugiharto said.
** South Africa's biggest private hospital group by value
Mediclinic International Ltd said it is selling up to
41.3 million shares to raise money for acquisitions in
Switzerland. Mediclinic did not say how much it was selling the
** Abu Dhabi-based Etihad Airways is prepared to invest up
to 1.25 billion euros in Alitalia over the next four years under
a possible tie-up between the two carriers, Italian Transport
Minister Maurizio Lupi said.
** Pfizer Inc's chief financial officer said his
company failed in its attempted $118 billion takeover of
AstraZeneca Plc because they could not agree on the
value of the British drugmaker.
** Bahrain-based investment firm Investcorp Bank BSC
is looking to sell Berlin Packaging LLC in a deal that
could value the U.S. packaging distribution company at around
$1.3 billion, according to people familiar with the matter.
($1 = 0.7345 Euros)
($1 = 3.4658 Israeli Shekels)
($1 = 98.5300 Pakistani Rupees)
($1 = 1016.2000 South Korean Won)
(Compiled by Amrutha Gayathri and Ankit Ajmera in Bangalore)