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UPDATE 3-Deals of the day -- mergers and acquisitions

Thu Jun 4, 2009 4:20pm EDT

Stocks

   

** Oil and gas explorer Dragon Oil (DGO.L) has received a takeover approach from 52 percent stakeholder the Emirates National Oil Company (ENOC), sources familiar with the matter said. [ID:nL5657141]

** Spain's Banco Pastor (PAS.MC) has agreed the sale of its Madrid headquarters to the Garcia Baquero family, known for their eponymous Spanish cheeses, sources said. [ID:nL4555081]

** Shareholders at Polish builder PBG PBGG.WA on Thursday approved a share issue worth 6 percent of existing capital, or almost 200 million zlotys ($63 million) to help it fund potential takeovers. [ID:nL4669424]

** Japanese beer maker Asahi Breweries (2502.T) and an Indian entrepreneur are in the race to buy a major stake in Indian winemaker Indage Vintners (INVI.BO), the Economic Times reported. [ID:nBOM148287]

** Spain's Sacyr Vallehermoso (SVO.MC) is no longer considering selling its 20 percent stake in oil group Repsol (REP.MC) now the builder's finances have improved, Sacyr chairman told El Pais newspaper. [ID:nL4143950]

** Britain's competition regulator said back-office outsourcing firm Capita (CPI.L) must sell part of the IBS OPENSystems software business it acquired last year for 78 million pounds ($127 million). [ID:nL472789]

** Sibur Russian Tyres, a unit of petrochemicals firm Sibur, is seeking to acquire the Russian tyre factories of bankrupt Dutch-Russian peer Amtel Vredestein (AMVq.L) with co-financing from the state, its deputy head said. [ID:nL41000652]

** Russia's largest oil firm, state-run Rosneft (ROSN.MM), will take over private bank Trust in exchange for writing off debts, Kommersant business daily reported. [ID:nL4514096]

** Debt-laden Australian miner OZ Minerals Ltd (OZL.AX) has not received a superior proposal to a planned $1.2 billion takeover by China's Minmetals, clearing the way for the deal to go ahead. [ID:nSYD428724]

** Coveted data storage company Data Domain Inc DDUP.O signed a new agreement to sell itself to NetApp Inc (NTAP.O) for $30 a share, rejecting a similar bid from EMC Corp (EMC.N) and raising the stakes in a rare bidding war. [ID:nBNG411575] (Compiled by Tina Kwan in Singapore; Ashutosh Joshi and Antonita Madonna Devotta in Bangalore)



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