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UPDATE 3-Deals of the day -- mergers and acquisitions

Tue Aug 4, 2009 4:00pm EDT

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** Norwegian gas shipper Golar LNG (GOL.OL) said it would spin off assets to a separate entity, Golar LNG Energy, which would seek to raise $150 million in new equity and gain a bourse listing this year. [ID:nL4483512]

** ABG Shipyard Ltd (ABGS.BO) said it has raised its open offer price for a controlling stake in Great Offshore (GOFS.BO) to 520 rupees a share, making it the second revision since it has made the offer in June. [ID:nBMB008292]

** BNP Paribas SA (BNPP.PA) said it was raising its stake in Findomestic from 50 percent to 75 percent. [ID:nWEA4313]

** AIM-listed PR group Next Fifteen Communications (NFC.L) announced it had acquired U.S. consumer PR group M Booth Associates and said its full-year top line revenues would come in ahead of expectations. [ID:nL4363208]

** Italian insurer Unipol's (UNPI.MI) bank unit UGF Banca is strategic and there are no contacts with Banco Santander (SAN.MC) on selling the unit to the Spanish bank, a Unipol spokesman said. [ID:nMAT009858]

** Poland's treasury ministry wants to sell its small several-percent stakes at telecom TPSA TPSA.WA, Pekao BAPE.WA and other listed firms this year, ministry spokesman said. [ID:nWAR008608]

** British clothing and footwear retailer JD Sports Fashion Plc (JD.L) said it has further diversified its business with the acquisition of rugby brand Canterbury for 6.5 million pounds ($11.01 million). [ID:nL4394781]

** British telecoms firm Daisy Group Plc (DAY.L) agreed to buy the trading assets of two communications companies in a bid to consolidate the fragmented reseller market and boost its product offering. [ID:nBNG516114]

** Taiwan's Financial Supervisory Commission said it has taken over troubled company Kuo Hua Life Insurance. [ID:nTPU001558]

** Japan's Elpida Memory Inc (6665.T) said that it was in talks about taking over German chipmaker Qimonda's (QMNDQ.PK) high-end graphics DRAM operations to bolster its product lineup. [ID:nT354062]

** Eddie Bauer Holdings Inc (EBHIQ.PK) said it has completed its asset sale to Golden Gate Capital. [ID:nWNBB8454]

** Alliance Boots signed an agreement to purchase BMP Sunstone Corporation's 20 percent interest in Alliance BMP Limited, the Alliance Boots subsidiary that holds a 50 percent interest in leading Chinese pharmaceutical wholesaler Guangzhou Pharmaceuticals Corporation. [ID:nWLA0533] (Compiled by Tina Kwan in Singapore, Brenton Cordeiro and Abhinav Sharma in Bangalore)



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