UPDATE 3-Deals of the day -- mergers and acquisitions

Wed Jul 9, 2008 9:36pm BST
[-] Text [+]

(Adds Anheuser-Busch, GfK, Innogenetics, Zentiva and others)

July 9 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday.

** U.S. brewer Anheuser-Busch Cos Inc (BUD.N: Quote, Profile, Research) urged its shareholders to withhold consent to InBev NV (INTB.BR: Quote, Profile, Research), which is trying to replace Anheuser's board of directors with its own slate, and to revoke any consent already given.

To read more, please double click on [ID:nN09419539]

** Germany's GfK Holdings AG (GFKG.DE: Quote, Profile, Research) is working on a cash offer for rival British market research group Taylor Nelson Sofres after Martin Sorrell's WPP tried to muscle in on their original merger plan with a cash and shares bid.

WPP Group (WPP.L: Quote, Profile, Research), the world's second-largest advertising company, made a hostile 260 pence per share or 1.08 billion pound ($2.13 billion) bid for TNS (TNS.L: Quote, Profile, Research) earlier on Wednesday, after its previous proposals were rejected. [ID:nL09165099]

** Canada's Cameco Corp (CCO.TO: Quote, Profile, Research) said it will acquire a 70 percent interest in the Kintyre uranium exploration project in Western Australia from Rio Tinto Ltd (RIO.AX: Quote, Profile, Research) for $346.5 million. [ID:nN09422027]

** Italy's Banca Monte dei Paschi di Siena (BMPS.MI: Quote, Profile, Research) has agreed to sell its 49 percent stake in Banca del Monte di Parma for 191.7 milion euros, the bank said in a statement. [ID:nL09589304]

** Huron Consulting Group Inc (HURN.O: Quote, Profile, Research) said it bought management consulting firm Stockamp & Associates Inc for about $219 million in a cash and stock deal to expand its footprint in the hospital consulting space. [ID:nBNG5921]  Continued...

 
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