UPDATE 3-Deals of the day -- mergers and acquisitions
(Adds UBS)
June 10 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday.
(For Reuters columns on deals, click on [DEALTALK/])
** Yamana Gold (YRI.TO) said it has agreed to sell three of its non-core operating mines in Brazil and Honduras to exploration and development company Aura Minerals (ORA.TO) in a deal worth about $200 million (C$181.8 million).
To read more, please double click on [ID:nN10424526]
** Crosstex Energy LP (XTEX.O) said it agreed to sell its assets in Mississippi, Alabama and South Texas for $220 million to Dallas-based natural gas transportation and processing company Southcross Energy LLC. [ID:nBNG208775]
** The New York Times Co (NYT.N) has hired Goldman Sachs to manage the possible sale of The Boston Globe, and plans to request bids in the next couple of weeks, The Boston Globe reported on Wednesday.
The report comes after the Globe's largest union, the Boston Newspaper Guild, rejected a $10 million package of concessions aimed at cutting costs at the city's largest daily newspaper. [ID:nN10443415]
** A U.S. bankruptcy judge told auto parts maker Delphi Corp DPHIQ.PK on Wednesday to open the sale of its assets to other potential bidders who could compete with an offer from private equity firm Platinum Equity. [ID:nN10441311]
** Swiss bank UBS (UBSN.VX) has taken a 3.71 percent stake in Belgian-based financial services group Fortis (FOR.BR), Fortis said. [ID:nLA763101]
** London & Stamford Property Ltd (LSP.L) said it agreed to buy Racecourse Retail Park in Aintree, Liverpool for 60.9 million pounds ($99.8 million) from a subsidiary of Land Securities (LAND.L). [ID:nLA390982]
** The chief executive of German retailer Metro (MEOG.DE) is already sounding out foreign investors to buy the combined department store group it hopes to create with the Karstadt chain, Handelsblatt paper reported. [ID:nLA347924]
** Denmark's Saxo Bank said it has bought Capital Four Management and a majority stake in another funds firm to accelerate its plan to become a major Nordic asset manager. [ID:nLA395007]
** Credit Agricole (CAGR.PA) has agreed to buy a 4 percent stake in Club Mediterranee (CMIP.PA) from hotel group Accor (ACCP.PA), a move which traders said will strengthen the French holiday group's core shareholders. [ID:nLA494969]
** Malaysian gaming group Genting (GENT.KL) has paid $100 million for a 3.2 percent stake in U.S. casino operator MGM Mirage (MGM.N), an official from the U.S. company said. [ID:nKLR218411] (Compiled by Tina Kwan in Singapore; Amiteshwar Singh and Vidya L Nathan in Bangalore)
