Deals of the day - mergers and acquisitions

Fri Feb 1, 2013 9:06pm GMT

Feb 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Dell Inc is edging closer to an agreement to sell itself to a buyout consortium led by Michael Dell, its founder and chief executive, and private equity firm Silver Lake Partners in a deal that could top $24 billion, people familiar with the matter said.

The buyout consortium is negotiating taking Dell private at $13 to $14 per share, two of the people said. This translates into an equity valuation for the Round Rock, Texas-based company of between $22.6 billion and $24.4 billion.

** Ukrainian industrialist Dmytro Firtash, a supporter of President Viktor Yanukovich, has bought leading TV station Inter for $2.5 billion, the station said.

Firtash's Group DF bought Inter and other media outlets from a company owned by Valery Khoroshkovsky, who quit as first deputy prime minister in December after criticising Prime Minister Mykola Azarov for slow reforms.

** Traders and brokers on NYSE Liffe soft agricultural commodity markets met this week to discuss fears IntercontinentalExchange's planned takeover of their contracts may create a near monopoly and hike trading fees, sources who were present said.

ICE's interest in Liffe's parent, NYSE Euronext NYX.N, was announced in December when details of an $8.2 billion deal emerged. (Full Story) The deal still requires regulatory approval.

** India's GAIL Ltd is teaming up with a unit of French group EDF to jointly scout for natural gas assets in the United States as demand in India grows, its chairman said.

** MetLife Inc said it has agreed with BBVA to buy AFP Provida S.A., the largest private pension fund administrator in Chile, for about $2 billion in cash to expand its presence in emerging markets.

** Bristol-Myers Squibb Co is seeking a buyer for some of its brands in Mexico and Brazil with any sale possible bringing in as much as $750 million, the Wall Street Journal reported, citing people familiar with the matter.

** Four major telecoms companies are competing to buy Bulgarian mobile operator Globul in a deal expected to be worth about 700 million euros ($950 million), a source with direct knowledge of the process said.

** Clearwire Corp said it was still evaluating an offer from Dish Network Corp to buy the company for $3.30 per share even as it recommended that shareholders vote for a rival offer from Sprint Nextel Corp.

** Generic drugmaker Perrigo Co has bought privately held Velcera Inc for $160 million, its second acquisition in the animal healthcare market in four months as it seeks to bring its successful store-brand over-the-counter model to pet care.

** Austrian energy group OMV has agreed to sell its Croatian filling stations to Croatian oil and gas supplier Crodux Plin.

** Fashion company Fifth & Pacific Cos is in the early stages of exploring alternatives for its struggling Juicy brand, including a potential sale, according to two people familiar with the matter.

** Japanese brewer Kirin Holdings Co Ltd said it plans to sell its entire holdings in Fraser and Neave Ltd to TCC Assets Ltd, giving the group led by Thailand's third-richest man nearly 69 percent of the Singapore drinks and real estate group.

** Italian group Autogrill may split its business in two, a move that could unlock value at its Food & Beverage and Travel Retail & Duty Free divisions. Autogrill said on Friday the plan might involve a partial and proportional demerger of its Travel Retail business.

** Chinese car maker Geely has bought Manganese Bronze, the maker of London's black taxis, for 11 million pounds


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.