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Deals of the day- Mergers and acquisitions
October 20, 2014 / 10:31 AM / 3 years ago

Deals of the day- Mergers and acquisitions

Oct 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported on Sunday.

** British pub chain Spirit Pub Company Plc said its board was in talks with ale maker Greene King Plc over a revised 109.5 pence-per-share takeover offer, valuing Spirit Pub at 723.3 million pounds ($1.16 billion).

** An investor group led by Macquarie Infrastructure and Real Assets has agreed to buy Louisiana electricity supplier Cleco Corp in a deal valued at about $4.7 billion, including about $1.3 billion of assumed debt.

** SHV, a family-owned Dutch investment firm, has reached a conditional agreement to buy animal feed and nutrition company Nutreco for 2.7 billion euros ($3.4 billion), expanding into food-related businesses.

** British pay-TV group BSkyB said it would own at least 69 percent of Sky Deutschland once the takeover period closes, after more minority investors than expected signed up for the offer.

** Brazil’s Vale SA said on Friday that a revised nickel-mining contract with Indonesia would raise maximum royalties, cut land holdings and require its Indonesian unit to sell another 20 percent of its shares to local investors.

** Brazilian juice maker Grupo Cutrale and investment firm Safra Group are not considering raising their $14-per-share definitive offer for Chiquita Brands International Inc, a source familiar with the situation told Reuters on Friday.

** Williams Companies Inc is said to be one of the bidders for QEP Resources Inc’s natural gas pipeline unit, Bloomberg reported, citing people familiar with the matter.

** Australian management firm Transfield Services Ltd said it had received an indicative takeover proposal from Spain’s Ferrovial, valuing the company at around A$1 billion ($876 million).

** Qatar Holding LLC has agreed to pay $616 million for about one fifth of Lifestyle International Holdings, a department operator in Hong Kong and mainland China - the latest addition of a high-end retail brand to the sovereign wealth fund’s portfolio.

$1 = 0.6213 British pound $1 = 0.7837 euro $1 = 1.1418 Australian dollar Compiled by Anannya Pramanick in Bangalore

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