(Adds Facebook, Telecom Italia, Freeport-McMoRan)
Aug 7 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Thursday:
** Metro AG has agreed to sell its cash-and-carry
unit in Vietnam to Thailand's Berli Jucker for 655
million euros ($876 million), generating funds to invest in the
growth of the group and strengthen its balance sheet.
** Facebook Inc said on Thursday it will to acquire a
company that helps protect the computers and data centers that
power Internet services.
Facebook did not disclose financial terms for the
acquisition of PrivateCore, which was founded in 2011 and is
based in Palo Alto, California. PrivateCore raised $2.25 million
in funding in 2012 from Foundation Capital.
** Telecom Italia is said to be pursuing an
alliance with Vivendi that may see the French media
group take a "significant" stake in the Italian company,
Bloomberg said on Thursday, citing people with knowledge of the
** Freeport-McMoRan Inc has contacted potential
buyers about selling its onshore oil wells in California, which
could fetch as much as $5 billion, people familiar with the
** Italy's Banca Veneto on Thursday signed a deal to sell a
51.4 percent stake in private banking unit Banca Intermobiliare
BIM.MI for 289 million euros as part of measures to strengthen
the regional lender's capital base.
** Private equity groups Triton and Capvis are preparing a
sale of Wittur, a German maker of elevator components, trying to
benefit from high valuations in buyout markets, two people
familiar with the matter said.
** Norges Bank, Norway's sovereign wealth fund, was the
single-largest shareholder to vote against Italian carmaker Fiat
SpA's merger with its U.S. unit Chrysler Group LLC,
according to minutes of the Aug. 1 shareholder meeting.
** Deutsche Telekom rejected an offer from Iliad
for its mobile business in the United States and said
regulators there should help smaller players compete against
bigger rivals if they are not allowed to merge.
** Philippine Long Distance Telephone Co said on
Thursday that it was buying a 10 percent stake in Rocket
Internet for 333 million euros ($445 million) in cash, valuing
the German internet firm and potential IPO candidate at 3.3
** The bankrupt Revel Casino Hotel in Atlantic City, New
Jersey, has postponed an auction of the 1,400-room property by a
week to Aug. 14 to allow more time to evaluate bids, according
to a court filing late on Wednesday.
** Swedish software firm ReadSoft AB's board of
directors said it recommended shareholders to accept Lexmark
International Inc's latest bid of 55.50 crowns per
** Loss-making Alitalia is expected to seal a deal with Gulf
carrier Etihad on Friday to rescue the struggling Italian
airline from the brink of bankruptcy.
** Hong Kong tycoon Li Ka-shing's Cheung Kong Group will
secure its A$2.2 billion ($2.06 billion) takeover of Australian
gas pipeline company Envestra Ltd after rival APA Group
said it would accept the offer.
** Kellogg Co has hired an adviser to evaluate a bid
for cookies and snacks maker United Biscuits Ltd (IPO-UNI.L), a
source familiar with the matter said. Sky News reported earlier
on Wednesday that Kellogg was working on a possible 2 billion
pound ($3.4 billion) bid for United Biscuits.
(Compiled by Amrutha Penumudi and Lehar Maan in Bangalore)