(Adds Renaissance Capital, updates USN on Midea)
Dec 30 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** Russia's Renaissance Capital has acquired a 24.1 percent
stake in Russian carmaker Avtovaz in a capital
increase that also sees Renault tighten its control
over the loss-making manufacturer, according to a regulatory
** China's Midea said it will complete its
takeover of German robotics maker Kuka in the first
half of January after the United States authorities gave the
deal a green light.
** A Chinese-led consortium has purchased a 40 percent stake
in the Pakistan Stock Exchange, the Shanghai Stock Exchange
** Malaysian bank CIMB Group Holdings Bhd has
agreed to sell its 18.21 percent stake in China's Bank of
Yingkou Co Ltd to investment holding company Shanghai
Guozhijie Investment Development Co Ltd.
** A unit of Canadian investment firm Fairfax Financial
Holdings Ltd received preliminary regulatory approval
to buy a 51 percent stake in Catholic Syrian Bank, the
chairman of the Indian lender said.
** French alternative energy supplier Direct Energie
said it had completed the acquisition of Belgium's
Marcinelle Energie, the operator of a 400 megawatt (MW) capacity
gas-fired plant, from Italy's Enel.
** U.S. fishing and hunting equipment retailer Cabela's Inc
, which is being bought by privately held rival Bass Pro
Shops, said the Federal Trade Commission had sought more
information from the companies about the deal.
(Compiled by Ahmed Farhatha and Aravind K in Bengaluru)