MERGERS/DEALS (UPDATE 3)
** Robert Bosch GmbH [ROBG.UL] has agreed to buy 50.45 percent of solar power company Ersol ES6G.DE for 546.4 million euros ($845.7 million) from Ventizz Capital and plans a public offer for the rest, Bosch and Ersol said. [ID:nL02351429]
** French engineering group Alstom denied a newspaper report it was mulling a tie-up with British aero engine and turbines group Rolls-Royce Plc (RR.L). [ID:nPAC009573]
** Colonia Real Estate (KBUG.DE) and Merrill Lynch MER.N said they had bought a German residential property portfolio for about 103 million euros ($159.4 million) from Bonn-based Wohnbau GmbH. [ID:nL02320783]
** Finnish builder YIT (YTY1V.HE) said it had bought building automation system maker Computec. [ID:nHEL006477]
** Norwegian oilfield services group Scorpion Offshore (SCORE.OL) advised shareholders on Monday to reject a takeover offer by Oslo-listed rival Seadrill (SDRL.OL). [ID:nL02316024]
** Four candidates have been short-listed to buy French electrical engineering firm Cegelec, French daily La Tribune reported. [ID:nL02336323]
** Shyam Star Gems Ltd (SSGM.BO) said its board has approved a proposal to acquire up to 50 percent stake in Thamina Diamonds International DMCC Dubai. [ID:nBMB001881]
** South Africa's Telkom (TKGJ.J) has had an offer from a Vodafone (VOD.L) unit for its half of mobile operator Vodacom, while Mvelaphanda may lead a bid for the whole group minus the Vodacom stake, Telkom said. [ID:nL02378155]
** Associated British Foods Plc (ABF.L) said it was to merge its Ryvita crispbread unit with the UK breakfast cereals Jordans business with AB Foods set to have a 62 percent share of the combined business. [ID:nWLA4198]
** China Unicom (0762.HK) will swap 1.5 of its Hong Kong-listed shares for every share in Netcom (0906.HK) to take over the smaller of the country's two fixed-line operators, a source close to the firms with knowledge of the deal said. [ID:nHKG249742]
** General Electric Co (GE.N) said GE Commercial Finance will acquire Banco Santander SA's (SAN.MC) Italian commercial bank Interbanca, and the Spanish bank agreed to buy GE Money's businesses in Germany, Finland and Austria, and its card and auto businesses in U.K. [ID:nWNAS6312]
** China Telecom (0728.HK) and its state parent will pay more than $14 billion to buy a wireless network owned by the China Unicom group, entering a lucrative mobile arena in the first deal reached under Beijing's sweeping overhaul of the world's largest telecoms industry. [ID:nHKG246787]
** Australian alcoholic beverages group Lion Nathan Ltd LNN.AX said it had acquired U.S. wine importer Cumulus Wine Inc, giving no price details. [ID:nSYB004424]
** Australian clothing retailer Just Group JST.AX rejected a hostile A$836 million ($800 million) bid by billionaire investor Solomon Lew, citing an independent adviser as saying the offer was too low. [ID:nSYD72356]
** Finnish engineering company Wartsila (WRT1V.HE) said on Monday it had bought German ship automation company Claus D. Christophel Mess- und Regeltechnik GmbH (CDC). The value of the deal was not disclosed.[nL02409414]
** 3i infrastructure says no longer intends to make an offer for Novera (NOEN.L).[nWLA4235]
** The head of Swedish state-owned utility Vattenfall [VATN.UL] believes the firm will eventually be floated by the government, although the political sensitivity of such a step makes it unlikely in the short run.[nL02114118]
** Liquefied natural gas company Excelerate Energy LLC said Monday German utility RWE Group (RWEG.DE) completed the acquisition of its previously announced 50 percent stake in the company for approximately $500 million.[nN02259682]
** Leucadia National Corp (LUK.N), a holding company engaged in several businesses, disclosed on Monday it boosted its equity stake in U.S. investment bank Jefferies Group Inc (JEF.N) to 30 percent.[nWEN6005]
** French investment company Eurazeo (EURA.PA) plans to sell part of its 5.6 percent holding in Air Liquide (AIRP.PA), the world's largest industrial gas company, by the end of this year. Eurazeo said it could sell between 5.8 million and 13 million shares at a minimum average price of 99.42 euros.[nPAC009576]
** Two rival bidders for Britain's Novera Energy Plc (NOEN.L) both said on Monday they would not make an offer for the wind-farm developer. Britain's Takeover Panel set a June 2 deadline for both 3i and Infinis to declare their intentions. [nL02764420]
** Barcelona-based water utility Aguas de Barcelona (Agbar) (AGS.MC) has sold a 0.16 percent stake in its biggest shareholder Suez (LYOE.PA) for 97 million euros ($150.9 million), the Spanish company said on Monday.[nL0293296] (Compiled by Tina Kwan in Singapore; Adheesha Sarkar in Bangalore)










