Sept 28 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
** BlackRock, the world's largest asset manager, has
bought a stake in Moscow's MICEX-RTS bourse from Russia's
state-backed private equity fund ahead of its expected IPO, the
Russian fund said.
** ThyssenKrupp said it has agreed to sell its
Tailored Blanks unit to Chinese peer Wuhan Iron and Steel
(WISCO) as part of its move to shed assets with
overall revenues of 10 billion euros ($12.9 billion).
** General Electric Co expects to close its
acquisition of $7 billion of bank deposits from MetLife Inc
in a "reasonable timeframe," its chief financial officer
said on Thursday.
** Germany will present France with a list of proposals
concerning the planned merger of European aerospace group EADS
and British defence contractor BAE Systems Plc
, a German government source said on Friday.
** Heineken NV won full control of the maker of
Tiger beer in a S$7.9 billion ($6.4 billion) deal on Friday,
ending a two-month battle aimed at strengthening the Dutch
brewer's position in fast-growing Asian beer markets.
** Bailed out Franco-Belgian lender Dexia said on
Friday it had finalised the sale of its Turkish banking unit
DenizBank to Russia's Sberbank for around
3.02 billion euros ($3.88 billion).
** Japan's Kirin Holdings Co Ltd has not indicated
any intention to sell its nearly 15 percent stake in Singapore's
Fraser and Neave Ltd, F&N's financial controller Hui
Choon Kit said on Friday.
** Sundance Resources Ltd plans to update investors
on the status of financing for Chinese suitor Hanlong Group's
$1.4 billion bid for the company by October 2, it said on Friday
as it requested a trading halt on its shares.
** Danish brewer Carlsberg signed a joint venture
with Thailand's Singha Corporation, its second attempt to
establish a footprint in the country, as it shifts its focus
from sluggish growth in Europe to fast-growing Asian markets.
** Medtronic Inc, the world's largest stand-alone
maker of medical devices, said that it will buy orthopedic
device maker China Kanghui Holdings for $755 million to
enter the Chinese medical device market.
** Prudential Financial Inc will buy the individual
life insurance business of Hartford Financial Services Group Inc
for $615 million in cash, the companies said on
** Sony Corp will pay 50 billion yen ($643.5
million) to become the biggest shareholder in Olympus Corp
, and establish a company with the cash-strapped
Japanese camera and endoscope maker to develop medical
** Global private equity firm Apax Partners LLP is looking
to sell its 10 percent stake in Indian hospital chain Apollo
Hospitals Enterprise Ltd, three sources with direct knowledge of
the talks said, in a deal that could raise around $250 million
** GP Investments, the largest Latin American
private equity firm, agreed to buy on Thursday 2,000 cell towers
from an unnamed Brazilian wireless phone carrier for about 503
million reais ($250 million).
** Teco Energy Inc said it will sell its equity
interests in two power stations and related facilities in
Guatemala for $227.5 million in cash to focus on its U.S.
** Food company Ralcorp Holdings Inc agreed to sell
its remaining 20 percent stake in Post Holdings Inc to
settle about $200 million of debt outstanding as part of a
** German agricultural cooperative Baywa said it
is to purchase Dutch grains trader Cefetra for 125 million euros
** Spanish discount supermarket chain Dia is to
acquire the Spanish and Portuguese arms of insolvent German
drugstore chain Schlecker, it said on Friday, to diversify its
product range and expand its presence in the two countries.
** Irish oil and gas explorer Providence Resources
is to sell its onshore UK licence interests to IGas Energy
for $66 million, it said on Friday in reporting a rise
in first-half losses due to impairment charges on the UK
** Blackstone Group LP has agreed to buy the
investment unit of real estate finance company Capital Trust Inc
, whose chairman is real estate magnate Sam Zell, and to
take an 18.2 percent stake in the company in a deal worth about
$30 million, the companies said on Thursday.
** Dubai carrier Emirates is believed to have
signalled an early interest to acquire a stake in the troubled
Kingfisher Airlines with riders that the latter
hammers out long-term loan restructuring and revamp the business
plan with a realistic chance of survival, The Times Of India
** French cable maker Nexans said on Friday it was
looking into the possibility of selling its Berk-Tek copper and
fiber cable activity in the United States.
** Norwegian media group Schibsted will increase
its stake in Polaris Media after an investor plans to
exercise an option to sell back its stake, the company said on
** The Brazilian government may finance a plan by local
steelmaker CSN to buy ThyssenKrupp's assets in Brazil
and the United States, newspaper Valor Econômico said on Friday.
** Health insurer Amerigroup Corp, which is being
acquired by WellPoint Inc, said it would sell its
managed care operations in Virginia following antitrust queries
from the U.S. Department of Justice.
** Siemens, Europe's biggest engineering group,
has emerged as favourite to buy Finmeccanica unit
AnsaldoEnergia, two people close to the situation said, as the
Italian company continues to streamline its operations.
** Healthcare information technology provider Allscripts
Healthcare Solutions Inc was exploring a sale,
** Xstrata Plc shareholders will vote on a proposed
management retention package before deciding on Glencore
International Plc's $32 billion bid, two people
familiar with the talks told Reuters.
($1 = 1.2281 Singapore dollars)($1 = 0.7775 euros)