Deals of the day -- mergers and acquisitions
June 13 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Friday.
(For Reuters columns on deals, click on [DEALTALK\]
** Steel company Esmark Inc ESMK.O said its board rejected as "inadequate" a $1.24 billion takeover offer by Russia's OAO Severstal (CHMF.MM), which has the backing of the United Steelworkers union (USW). To read more, please double click on [nBM273503]
** South Korea's National Pension Service (NPS), the world's fifth-largest pension fund, will pump $173 million into a deal in which LS Cable Ltd (006260.KS) has agreed to buy wire and cable maker Superior Essex Inc SPSX.O. [nSEO43649]
** A fund managed by Australia's Babcock & Brown Ltd BNB.AX and Deutsche Bank (DBKGn.DE) will buy UK rolling stock leasing company Angel Trains from Royal Bank of Scotland (RBS.L) for about A$7.5 billion ($7.0 billion), a source familiar with the matter said. [nSYU004541] (Compiled by Tina Kwan in Singapore)
