• Most Popular
  • Most Shared

Deals of the day -- mergers and acquisitions

Fri Nov 6, 2009 5:13am EST

Stocks

   

Nov 6 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Friday.

Media  |  Italy  |  Japan  |  Turkey

(For Reuters columns on deals, click on [DEALTALK/])

** U.S. private equity fund Advent International announced a public bid for Poland's top textbook publisher WSiP WSIP.WA for 405 million zlotys ($141 million).

(To read more click on [ID:nL6692472])

** General Electric (GE.N) is talking to sovereign funds in Singapore, Korea and Qatar about its possible bid for Areva's (CEPFi.PA) electrical power and transmission unit T&D, Les Echos newspaper said. [ID: nL6384118]

** Sumitomo Trust and Banking Co Ltd (8403.T) and Chuo Mitsui Trust Holdings Inc (8309.T) said they plan to merge, creating Japan's largest trust bank with scale to better compete in a crowded asset management industry. [ID:nT212956]

** British stockbroker W.H. Ireland Group (WHI.L) said it agreed to sell its 39.35 percent holding in Australian unit for A$1.3 million ($1.16 million). [ID: nBNG410882]

** Dutch telecoms group KPN (KPN.AS) is considering the sale of its business-customer unit and fibre network in Belgium, Belgian daily De Tijd reported, citing several unidentified industry sources. [ID:nL6672410]

** Capgemini (CAPP.PA) is planning a series of acquisitions to strengthen its position in the U.S. market, its chief executive told the Financial Times. [ID: nL6661633]

** Italian oil and gas group Eni (ENI.MI) has signed a cooperation agreement with Kazakhstan's state oil company KazMunayGas on exploration and production activities in Kazakhstan, Eni said. [ID: nL6658835]

** The founding family of Australia's Goodman Group (GMG.AX) has sold shares worth about A$40 million ($36 million) in the real estate firm, the family said. [ID: nSYU009009]

** A consortium of Turkish Akenerji (AKENR.IS), Czech CEZ (CEZPsp.PR) and Akkok Investments was eliminated from a privatisation tender for Turkey's Osmangazi power grid, Turkey's Privatisation Administration (OIB) acting chief Ahmet Aksu said. [ID:nIST006142]

**Poland may sell 10 percent of the country's top utility PGE PGEPa.WA group in 2010, Deputy Treasury Minister Jan Bury [ID:nWAR011095] (Compiled by Shobhana Chadha in Bangalore)



More from Reuters

Photo

Microsoft loses Word appeal, will adjust program

SEATTLE (Reuters) - Microsoft Corp said on Tuesday it will tweak its Word application to remove a feature judged to be a breach of patent, ensuring that it will be able to continue selling one of its most widely used programs.

Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

Soldiers look on as U.S. Secretary of Defense Robert Gates speaks to soldiers at F.O.B. Warrior in Kirkuk, Iraq December 11, 2009.  REUTERS/Justin Sullivan/Pool

Are you pregnant? Sir! No, Sir!

There are some 115,000 U.S. troops in Iraq -- and one commander wants to make sure his soldiers don't multiply.  Full Article