January 4, 2011 / 10:19 AM / 7 years ago

UPDATE 1-Deals of the day -- mergers and acquisitions

Jan 4 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1015 GMT on Tuesday.

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

** Civil and building construction company Tutor Perini Corp (TPC.N) acquired privately held Fisk Electric to expand its electrical construction business. To read more, please double click on [ID:nSGE7020BF]

    ** Spanish builder ACS (ACS.MC) has secured a crucial 30 percent holding in Hochtief (HOTG.DE) following a hotly contested takeover bid, allowing it to build a controlling interest in the German construction group. [ID:nLDE7030CN]

    ** ArcelorMittal ISPA.AS said it would not raise its C$550 million ($540 million) bid for Canadian miner Baffinland BIM.TO, which owns vast iron ore deposits in the Canadian Arctic. [ID:nLDE7020A0]

    ** Brazil’s Petrobras (PETR4.SA) offered to buy Eni’s (ENI.MI) 33.3 percent stake in Portuguese oil company Galp (GALP.LS) for 3.5 billion euros ($4.7 billion), business daily Diario Economico reported on Tuesday without citing sources. [ID:nLDE7030F3]

    ** Fresenius Medical Care (FMC) (FMEG.DE) is buying International Dialysis Centers (IDC) from Euromedic International for 485 million euros ($649.5 million) to tap the growing dialysis services market in eastern Europe. [ID:nLDE70302U] (Compiled by Tina Kwan in Singapore and Shravya Jain in Bangalore)

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