(Adds Providence Equity Partners, Linde, Deutsche Boerse,
Popolare Emilia Romagna, ADMIE, Alitalia, Alfasigma, Acacia
Mining, Arris International and Intrawest Resorts Holdings)
Jan 13 The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Friday:
** Taiwan's Powertech Technology Inc said it was
terminating a share agreement with China's Tsinghua Unigroup
Ltd, unraveling more than $2 billion in deal-making that the
state-run Chinese giant had hoped to seal on the island.
** Britain's Centrica has completed its withdrawal
from wind power generation with the sale of a 50 percent stake
in the Lincs offshore wind farm to the Green Investment Bank and
its offshore wind fund, the companies said.
** Private equity firms Advent and Bain Capital agreed to
buy German payment group Concardis from a group of private,
savings and cooperative banks, the parties said in a joint
statement, not disclosing a purchase price.
** Former Italian prime minister Silvio Berlusconi and his
holding company Fininvest have appealed to the European Court of
Justice against a decision by the European Central Bank that
Fininvest should cut its stake in asset manager Banca Mediolanum
** State-owned Shenzhen Metro Group's purchase of the
second-biggest holding in China Vanke is
likely to pave the way for it to take control of the property
giant and put an end to a year-long corporate power struggle.
** U.S. private equity firm KKR & Co LP said on
Friday it has agreed to buy Hitachi Ltd's power tools
unit, Hitachi Koki Co Ltd, for about $1.3 billion, its
second billion-dollar deal in Japan in three months.
** Oil and gas producer Anadarko Petroleum Corporation
said it would sell its Eagleford Shale assets in South
Texas for about $2.3 billion to a strategic 50/50 partnership
formed by Sanchez Energy Corp and asset manager
Blackstone Group LP.
** Megadeals in China helped bring a record $31 billion in
venture capital investment into the country in 2016 despite a
sluggish global economy and a sharp drop in the number of new
deals, a report said.
** Canadian energy infrastructure company AltaGas Ltd
said on Thursday it was in talks with a third party
over a potential transaction.
** Peruvian builder Grana y Montero's shares
dropped by more than 12 percent after it called its partnership
with corruption-plagued Brazilian builder Odebrecht a "mistake"
and said it was considering taking legal action.
** Swedish small-cap industrial firm Duroc said
on Friday it was buying the far larger International Fibres
Group from one of its largest owners by issuing new shares.
** Renova Energia SA has agreed to sell a wind
farm project to the local unit of AES Corp for about 650
million reais ($204 million) as part of efforts by the Brazilian
renewable power company to repay debt and ease a cash crunch.
** ClubCorp Holdings Inc, one of the largest owners
and operators of private golf and country clubs in the United
States, said it was exploring strategic alternatives after
Reuters reported the company was in a process to sell itself.
** The Brazilian government is drafting a decree to allow
100 percent foreign ownership of local airlines, a
Transportation Ministry spokesperson said, a move that could
attract investors to a recession-beaten industry.
** U.S.-based private equity firm Providence Equity Partners
has bought a 70 percent stake in Hungarian festival company
Sziget, the companies said.
** Germany's financial and markets regulator BaFin said it
had begun a formal investigation into suspected insider trading
in Linde shares in the run-up to the announcement of
merger talks with U.S. rival Praxair in August.
** The German state of Hesse confirmed it will host a summit
to review a merger between Deutsche Boerse and the
London Stock Exchange next Tuesday.
** Popolare Emilia Romagna is moving closer to a
possible acquisition of CariFerrara, one of four small banks
that the Bank of Italy has been looking to sell since they were
rescued from bankruptcy in November 2015.
** Greece's four biggest lenders are concerned about the
spin-off of the country's power grid operator ADMIE, a key
condition of a bailout agreement between Athens and its official
creditors, a banker and a government official said.
** Alitalia and Air Malta said they have decided to
terminate talks for the loss-making Italian carrier to take a 49
percent stake in the Maltese airline.
** Alfasigma, Italy's fifth-largest pharmaceutical group,
said it had acquired U.S. medical foods maker Pamlab from Nestle
in a move aimed at strengthening its operations in
** Gold miner Acacia Mining Plc said it was in
early talks about a possible merger with Canadian gold miner
Endeavour Mining Corp.
** Set-top box maker Arris International Plc is in
talks to acquire Brocade Communications Systems Inc's
networking equipment business for as much as $1 billion,
according to people familiar with the matter.
** Intrawest Resorts Holdings Inc, the owner of
some of the most popular ski resorts in North America, is
working with investment banks to explore a sale, people familiar
with the matter said this week.
(Compiled by Laharee Chatterjee and Divya Grover in Bengaluru)