(Adds TRW, Unilever, AmREIT, Telecom Argentina, Rheinmetall,
Investcorp, EnBW, Oando, Grupo, Maersk, Olinda, BC Partners,
July 10 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
** Auto parts supplier TRW Automotive Holdings Corp
said it had received a preliminary takeover proposal and was in
the process of evaluating it.
** Consumer goods maker Unilever Plc said
it had sold its Slim-Fast brand to Kainos Capital, a U.S.-based
private equity firm focused on the food and consumer sector.
** Shopping center owner and operator Regency Centers Corp
offered to buy AmREIT Inc for about $433
million to expand in Texas and Georgia.
** Germany's Rheinmetall is interested in making a
takeover offer for German tank maker Krauss-Maffei Wegmann,
which is in merger talks with French arms maker Nexter, a German
** Telecom Italia Chairman Giuseppe Recchi said on
Thursday that the sale of Telecom Argentina is
proceeding as planned and does not have to be pushed back, and
that its Tim Brasil holding is "strategic".
** Gulf investment firm Investcorp said it would
buy Netherlands-based SPGPrints Group BV, a provider of printing
products, for an enterprise value of 240 million euros ($327
million) from funds managed by Bencis Capital Partners.
** BC Partners is talking to banks about loading
more debt onto German pharma company Aenova and taking out a
dividend of up to 120 million euros ($164 million), two people
familiar with the transaction said.
** German utility EnBW and Italy's Eni
have agreed a deal for EnBW to buy Eni's stake in their gas grid
joint venture in Germany, two sources familiar with the matter
** Nigeria's Oando Plc has converted a $218.9
million loan to its Toronto-listed unit Oando Energy Resources
to equity, to increase its stake in the subsidiary by
1.6 percent to 93.6 percent.
** Brazil's Grupo BTG Pactual SA plans to buy
reinsurer Ariel Re Holdings Ltd for an undisclosed sum as the
largest independent investment bank in Latin America expands
into property and casualty reinsurance to gain a foothold in a
** Maersk Tankers, a unit of A.P. Moller-Maersk
, said it had quit four unprofitable crude oil
charter contracts by buying out supertankers and selling them
onwards, continuing its exit from crude oil transportation.
** Italy's Olinda has agreed to sell 26
commercial real estate properties to France's Axa Real Estate
and a fund affiliated to U.S. Apollo Global Management LLC
for 303 million euros ($413 million).
** Societe Generale is merging its open outcry
trading team on the London Metal Exchange with its unit Newedge,
cutting the number of LME "ring-dealing" members to 10.
** It could take until 2016 before Lufthansa's
joint venture with Air China is fully up and running
due to the time needed for anti-trust approval, the German
airline's chief executive said.
** Malaysia's Genting Bhd, a gaming-to-plantations
conglomerate, has completed the disposal of its 51 percent stake
in Fujian Pacific Electric Co to Chinese government-owned SDIC
Power Holdings Co Ltd for RMB 694 million ($112
million), it said on Thursday.
** Portugal's securities market watchdog, CMVM, is analyzing
a major investment by Portugal Telecom in the debt of
Rioforte, a holding company of the Espirito Santo banking family
whose companies are under regulator scrutiny, sources said.
** State-owned Myanmar Petrochemical Enterprise (MPE) is
seeking a partner to upgrade and expand the Thanlyin refinery, a
tender document showed on Thursday.
The joint-venture partner will also handle the import,
distribution and storage of petroleum products, MPE said in the
tender issued on its website.
** Italian state holding company Cassa Depositi e Prestiti
aims to raise around 4-5 billion euros from selling its stakes
in various companies, its chief executive said on Thursday.
** Qatar has sold a 5 percent stake in the London Stock
Exchange for 260.1 million pounds ($442.6 million),
cutting its holding by a third and making a profit of around 20
percent, according to Reuters calculations.
** France's competition watchdog will give its ruling on the
purchase by cable firm Numericable of mobile player
SFR in the third quarter, following an in-depth review, the
regulator's boss said on Thursday.
** Malaysia's second-largest bank CIMB Group Holdings Bhd
said on Thursday it plans to merge its business with
fourth-biggest lender RHB Capital Bhd and to create a
larger Islamic bank with smaller rival Malaysia Building Society
** Standard Chartered Bank said its private equity
arm led a $124 million investment to buy a 28 percent stake in a
commercial real estate project in China even as real estate
** A planned merger of the Dubai Financial Market
and the Abu Dhabi Securities Exchange has been shelved for the
foreseeable future as terms for the politically sensitive move
could not be agreed, sources told Reuters on
** A subsidiary of Chinese state oil giant China National
Offshore Oil Corporation has signed an around $1.6 billion deal
to build equipment for a liquefied natural gas project in
Siberia, the company said late on Wednesday.
** German retailer Metro is not interested in
bringing together its Kaufhof department stores with the
struggling Karstadt chain, its chief executive said.
** The majority owner of MV Agusta, Italy's Castiglioni
family, is looking to float up to 30 percent of the Italian
motorcycle maker on the stock exchange, German daily
Boersen-Zeitung reported on Thursday, citing financial sources
It also said that German carmaker Daimler had
approached MV Agusta, a rival of Volkswagen's
Ducati, in recent weeks, seeking to acquire a minority stake.
** Oilfield service firm Ezra Holdings Ltd said it
is injecting its offshore support services division, EMAS
Marine, into its associated company, EOC Ltd, in a
stock-and-cash deal worth $520 million.
** Idemitsu Kosan Co acquired a 12 percent stake in
Indonesia's PT Mitrabara Adiperdana by purchasing shares in the
coal miner on Thursday, the Japanese energy company said.
** Belgian medical supplies group Arseus will sell
its IT unit Corilus to fully concentrate on medical compounds,
Belgian business unit De Tijd wrote on Thursday.
** South Korea's LS Nikko will set up a $96 million joint
venture with Chilean state miner Codelco to recover
gold and silver coming from Codelco's smelting complex, LS Nikko
said on Thursday.
** France's CNP Assurances said on Thursday it had
reached a 290 million euro ($396 million) deal with Spain's
Banco Santander creating a long-term strategic
partnership in insurance in Europe.
** Banca Generali said it had reached an agreement
to buy the Italian affluent and upper affluent private banking
operations of Credit Suisse Italy.
** Veolia Environnement said it had reached a deal
to sell its water, waste and energy services in Israel to
Oaktree Capital Management as it seeks to refocus its
geographical presence and trim debt.
** India's Essar Global Fund Ltd is selling the U.S.
operations of Aegis, its outsourcing and technology portfolio
unit, to Paris-based rival Teleperformance SA for $610
million as the European company looks to boost its presence in
the United States.
** New Zealand's biggest unlisted property investment trust
said it had sold a portfolio of 18 commercial and office
buildings to Canada's Public Sector Pension Investment Board for
more than NZ$1.0 billion ($881 million).
** Australian agribusiness GrainCorp Ltd said it
has bought a 10 percent stake in Egypt's largest private flour
miller, Five Star Flour Mills Co, strengthening its relationship
with the world's largest importer of wheat.
** Global investment company Kohlberg Kravis Roberts & Co LP
has joined with Pacific Equity Partners to ready a joint
bid for compliance company SAI Global, Australian media
reported on Thursday.
** Private equity firm Endless LLP is on the verge of
sealing a deal to buy Wm Morrison Supermarkets' online
baby goods retailer, Sky News reported on Wednesday, citing
** The Australian Financial Review in an online report said
Glencore Plc is understood to have made an "informal
approach" that could value graphite and vanadium prospector
Syrah Resources Ltd at up to A$2 billion ($1.89
(Compiled by Rohit T.K. and Amrutha Gayathri in Bangalore)