UPDATE 3-Deals of the day -- mergers and acquisitions
(Updates Energizer, Agrium, adds AIG, Windstream, Local Radio)
May 11 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Monday.
(For Reuters columns on deals, click on [DEALTALK/])
** Two to three interested parties remain among those eyeing General Motors' GM.N Swedish carmaker Saab, local news agency TT reported.
To read more, please double click [ID:nSAT006258]
** Canadian fertilizer maker Agrium Inc (AGU.TO) raised its offer for U.S. rival CF Industries (CF.N) to about $4.18 billion, after CF spurned Agrium's two earlier proposals. [ID:nN11504828]
** American International Group Inc (AIG.N) agreed to sell a prized Tokyo property to Nippon Life Insurance Co, Japan's largest life insurer, for $1.2 billion, in one of its largest asset sales since a September rescue. [ID:nN11524886]
** A consortium of 11 banks and interdealer broker ICAP (IAP.L) has bid 813 million euros ($1.07 billion) for LCH.Clearnet, Europe's top independent clearing house, a source close to the consortium said. [ID:nWLA3761]
** U.S. local telephone company Windstream Corp WIN.N agreed to acquire D&E Communications Inc DECC.O for about $330 million, a deal that will nearly double its operating presence in Pennsylvania. [ID:nBNG447555]
** State-owned French power group EDF (EDF.PA) is to sell 20 percent of its British nuclear unit to British Gas owner Centrica (CNA.L), gaining the 'Made in Britain' stamp seen as key to building new reactors there. [ID:nLB582109]
** Shinsei Bank (8303.T) and Aozora Bank (8304.T) have agreed to merge around the middle of next year, the Nikkei business daily reported, a move that would form Japan's sixth-largest bank. [ID:nT46016]
** Australian brewer Lion Nathan Ltd LNN.AX (LNN.NZ) has agreed the terms for a $2.5 billion takeover by Japanese brewer Kirin (2503.T), which is making an aggressive push into Asian markets. [ID:nWEL421150]
** Mitsubishi UFJ Financial Group Inc's (8306.T) trust banking unit said it is still planning a $254 million purchase of Citigroup's (C.N) Japanese trust bank, denying a report that the deal was about to be derailed. [ID:nT19559]
** Helphire Group Plc (HHR.L) said it sold its wholly-owned unit E-Register Ltd to Loss Management Group Ltd for 300,000 pounds ($450,000) in cash, to be paid over 12 months. [ID:nBNG430829]
** The bidding war for Britain's Local Radio Co Plc TLR.L heated up with Hallwood Financial Ltd's latest bid trumping a sweetened offer from UKRD Group Ltd. [ID:nBNG124150]
** Singapore's DBS Group (DBSM.SI) said it sold its 2.7 percent stake in India's HDFC Bank (HDBK.BO) on Friday, which, according to a banking source, raised about $260 million for the bank. [ID:nSIN421370]
** Aker ASA (AKER.OL) said it had bought an 18.2 percent stake in Det norske oljeselskap ASA (DETNOR.OL) for around $100 million to expand its oil exploration activities in Norway. [ID:nLB228307]
** Wind-farm developer Renewable Energy Holdings Plc (REH.L) said it had agreed to sell its wave energy patent portfolio, known as CETO, to Australia's Carnegie Corp Ltd CNM.AX for about 30 million pounds ($45 million). [ID:nBNG400015]
