October 17, 2018 / 1:33 PM / a month ago

Deals of the day-Mergers and acquisitions

(Adds Old Wild West, Ekinops, Caesars Entertainment, Wittur, Restaurant Brands New Zealand, National Bank of Greece)

Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Restaurant Brands New Zealand Ltd said it received an NZ$881.5 ($577.56) indicative cash offer from Mexico-based investment firm Finaccess Capital S.A. de C.V. to acquire up to three-quarters of the restaurant operator’s shares.

** A group of private equity investors bidding for Italy’s Old Wild West restaurant chain is fretting over Rome’s plans to shut shops on Sundays, four sources familiar with the matter told Reuters, as the ban would undermine the 700 million euro deal.

** French telecommunications company Ekinops is discussing buying Nokia’s submarine cables division, French business magazine Challenges wrote, without naming its sources.

** Tilman Fertitta, the billionaire owner of the Golden Nugget Casinos, has approached U.S. casino operator Caesars Entertainment Corp about merging it with his own gaming empire, people familiar with the matter tod Reuters.

** German elevator parts maker Wittur has attracted interest from private equity groups Partners Group and Cinven ahead of an expected sale by owner Bain Capital, several people close to the matter said.

** Greece’s National Bank said it had ended talks with Shanghai-based Gongbao Group on the potential sale of a majority stake in its wholly-owned insurance subsidiary.

** Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy in a deal valuing the assets at $1.9 billion, as part of its wider divestment strategy, the company said.

** French private equity firm Astorg said it had reached an agreement to acquire a majority stake in health devices manufacturer Nemera from Montagu Private Equity.

** ArcelorMittal SA said it would pay 74.69 billion rupees ($1.01 billion) to creditors of two Indian companies in which it previously held stakes, in order to make its acquisition offer valid for Essar Steel, another debt-ridden Indian steel firm.

** Brazil’s antitrust agency Cade has approved the sale of a distribution company owned by state-run Centrais Eletricas Brasileiras SA, according to the official gazette.

** Indonesia’s state-owned miner Inalum is looking to finalise a $3.85 deal for majority control of the local unit of global mining giant Freeport McMoRan Inc in December, a company official said.

** Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, in an all-stock deal, the companies said.

** A unit of Royal Dutch Shell is acquiring a 15-percent stake in Toll4Europe, an electronic toll service provider that is controlled by Deutsche Telekom, the German company said.

** Power generator ContourGlobal Plc said it was in talks with Spanish utility Iberdrola SA over a potential deal to buy the Milan-listed company’s 50-megawatt solar power plant in Spain.

** French oil major Total has signed a deal with Indian conglomerate Adani Group to re-enter the South Asian nation’s liquefied natural gas (LNG) market and build 1,500 retail service stations over the coming decade.

** French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG, the Swiss transport group which rejected a bid from Denmark’s DSV , Ceva said.

** Uber Technologies Inc is considering selling minority stakes in its costly self-driving car unit as the ride-hailing company tries to address rising cost pressures ahead of its initial public offering, the Financial Times reported.

Compiled by Mary Ann Alapatt in Bengaluru

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