(Adds Sky, Vonovia, Masraf Al Rayan, Icahn Enterprises, Sanofi,
Dec 19 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Monday:
** Rupert Murdoch said he had never asked a British prime
minister for anything, seeking to play down his influence ahead
of what is likely to be a politically charged approval process
for his $14.6 billion bid for pay-TV group Sky.
** German property group Vonovia said its 2.9
billion euro ($3 billion) takeover offer has won sufficient
backing from Conwert shareholders, fulfilling a key
condition for the deal to go through.
** Italian bank Monte dei Paschi di Siena is
trying to resolve differences with a key investor over its 5
billion-euro ($5.2 billion) rescue plan to allow the deal to go
ahead and avoid a state bailout.
** Asset manager Legg Mason Inc said its largest
shareholder, Chinese billionaire Tianqiao Chen's Shanda Group,
plans to increase its stake in the company to up to 15 percent.
** Brazil's Vale SA agreed to sell part of its
fertilizer business to Mosaic Co for $2.5 billion to cut
debt, while giving Mosaic greater access to Brazil's huge
** Toronto-based insurance group Fairfax Financial Holdings
Ltd has agreed to buy Swiss insurer Allied World
Assurance Company Holdings AG for $4.9 billion in cash
and stock, the companies said on Sunday.
** Sweden's SCA said it was buying German bandage
and plaster cast maker BSN medical for 2.74 billion euros ($2.9
bln) from private equity firm EQT in a deal expected to boost
the Swedish firm's growth.
** Privately run CEFC China Energy is in advanced talks to
secure a stake to develop onshore oilfields in the United Arab
Emirates under a 40-year deal, two industry sources with
knowledge of the discussions said.
** Qatari telecom operator Ooredoo said it was in
preliminary negotiations with Salam International
about the potential acquisition of a majority stake in its IT
** Chinese mobile operating systems company Thunder Software
Technology Co Ltd (Thundersoft) said it has agreed
to buy Finnish automotive software company Rightware for 64
million euros ($67 million).
** SoftBank Group Corp has agreed to invest $1
billion in U.S. satellite venture OneWeb Ltd, marking the first
tranche of a $50 billion U.S. investment the Japanese telecoms
and technology company's founder Masayoshi Son pledged to
President-elect Donald Trump.
** Idemitsu Kosan Co said it completed the purchase
of just under a third of rival refiner Showa Shell Sekiyu KK
, cutting the amount of shares it planned to buy after
facing opposition from Idemitsu's founding family.
** Silvio Berlusconi's Fininvest, which holds 38.3 percent
of Italian broadcaster Mediaset, said it had filed a
market abuse complaint against France's Vivendi with
national market authority Consob.
** German-based roof tile maker Braas Monier Building Group
has agreed to be taken over by U.S. rival Standard
Industries, ending its resistance to the bid after
Standard Industries raised its offer, valuing the company at
around $1.2 billion.
** Steel Authority of India Ltd is in talks with
Japan's Nippon Steel & Sumitomo Metal Corp and Kobe
Steel Ltd for potential technical agreements to help
the firm expand its global footprint, SAIL's chairman told
** German potash miner K+S has bought a stake in
a Saudi fertiliser maker, plus an option to acquire more, in
order to take advantage of growing demand for fertiliser in
irrigation systems in the region.
** Sri Lankan Prime Minister Ranil Wickremesinghe has
ordered a reversal and a probe into the 1.3 billion rupees ($8.7
million) Seylan Bank foreign deal as it failed to
follow proper procedure, the country's finance minister said.
** Mexico's antitrust body said it had made local approval
of an asset swap between French drugmaker Sanofi and
Germany's Boehringer Ingelheim conditional on Sanofi not
acquiring its peer's cough medicines in Mexico.
** Qatari banks Masraf Al Rayan, Barwa Bank
and International Bank of Qatar have begun initial
talks for a potential merger, the banks said, in a deal that
would create the Gulf state's second-largest bank.
** Icahn Enterprises LP said it would sell wholly
owned subsidiary American Railcar Leasing LLC to SMBC Rail
Services LLC in a deal based on an enterprise value of $2.78
billion and a fleet of about 29,000 railcars.
** Intesa Sanpaolo is still deciding whether to
help fund the acquisition of a 19.5 percent stake in Rosneft
from the Russian state and said it was not aware of
any investigation by the Italian or other European authorities
into the transaction.
(Compiled by Komal Khettry and Divya Grover in Bengaluru)