UPDATE 1-Deals of the day -- mergers and acquisitions
(Adds Votorantim Group)
April 21 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Tuesday.
For Reuters columns on deals, click [DEALTALK/])
** Rio Tinto (RIO.L)(RIO.AX) plans to sell its 27 percent stake in a Chinese aluminium processing joint venture to its partner Shenzhen Zhongjin Lingnan Nonfemet (000060.SZ), China's third-largest zinc producer said.
To read more, click [ID:nSHA34821]
** Brazilian conglomerate Votorantim Group (VCPA4.SA)VCP.N won permission from EU regulators to take sole control of paper and pulp company Aracruz Celulose ARCZ6.SAARA.N in a $1.7 billion deal. [ID:nBFA000918]
** Three private equity houses -- Affinity Equity Partners, Kohlberg Kravis Roberts and MBK Partners -- have made final offers for South Korea's Oriental Brewery (OB), an official at the beer maker said. [ID:nSEO85746]
** Oracle Corp (ORCL.O) plans to enter the computer hardware market by buying Sun Microsystems Inc (JAVA.O) for more than $7 billion, swooping in after Sun's talks with IBM (IBM.N) fell through. [ID:nN20381533]
** Andre Esteves, the billionaire Brazilian banking prodigy, completed a dizzying comeback to the forefront of finance with the surprise purchase of Banco Pactual from UBS for $2.5 billion [ID:nN20382440]
** The world's top cellphone maker Nokia (NOK1V.HE) has sold its enterprise mobile TV unit to India's Wipro (WIPR.BO), a spokesman for Nokia said. [ID:nLK385103]
(Compiled by Tina Kwan in Singapore and Isheeta Sanghi in Bangalore) ((tina.kwan@reuters.com; Reuters Messaging: tina.kwan.reuters.com@reuters.net +65 6870 3924)) Keywords: MERGERS/DEALS









