January 14, 2019 / 10:11 AM / in 7 days

Deals of the day-Mergers and acquisitions

(Adds Liberty Latin America, Esselunga, Orsted; Updates MNG Enterprises, Newmont Mining)

Jan 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** Newmont Mining Corp said it would buy smaller rival Goldcorp Inc for $10 billion, creating the world’s biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal.

** Liberty Latin America Ltd, a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA with an acquisition offer, people familiar with the matter said.

** Italian supermarket chain Esselunga said the majority owners of its parent company Supermarkets Italiani had exercised their right to buy the 30 percent they do not own.

** Energy group Orsted said it would halt the sale process of its Danish power distribution business after it became clear there was no longer political support for a divestment.

** Kuwait Finance House plans to sell assets in the range of 100 million dinars ($330.1 million) to 120 million dinars in 2019, the chief executive was quoted in Al Rai newspaper as saying.

** Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million).

** Qatar Investment Authority aims to raise investments in the United States to $45 billion in the next two years as it rebalances its portfolio of assets away from Europe, its chief executive said on Sunday.

** German rail operator Deutsche Bahn wants to sell its Arriva international subsidiary to plug a 4 billion euro ($4.6 billion) financing gap, though Britain’s looming exit from the European Union is making it hard to value the business, a source close to the plans told Reuters on Sunday.

** Singapore’s CapitaLand is forking out S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia’s largest real estate investment manager.

** Beauty products maker and retailer L’Occitane International S.A. said it will buy beauty and skincare brand ELEMIS for a maximum of $900 million as the Hong Kong-listed firm aims to build a portfolio of premium cosmetics brands.

** Newspaper chain MNG Enterprises Inc, controlled by secretive hedge fund Alden Global Capital LLC, offered to buy Gannett Co Inc in a $1.36 billion deal to add the USA Today and scores of other newspapers to its stable of regional publications.

** Pan-European stock market operator Euronext launched its $729 million cash bid for Oslo Bors OSLO.NFF on Monday, just hours after the Norwegian stock market operator said it had found potential alternative bidders.

** Ophir Energy Plc said that it has rejected Indonesian oil and gas group Medco Energi Internasional Tbk PT’s potential buyout offer, saying it “undervalues” the British energy company.

** German media group ProSiebenSat.1 Media’s e-commerce arm NuCom is buying control of Aroundhome, an online broker for home services and products, in a deal valued at 140 million euros ($161 million).

** India’s Bharti Airtel is in talks to buy Telkom Kenya, the East African nation’s smallest telecoms operator, to create a stronger challenger to market leader Safaricom , three industry sources told Reuters.

** Italian private equity firm Investindustrial has bought hot tubs maker Jacuzzi and other brands of spa and bathroom products from a number of investment funds including Apollo , it said.

** The former chief executive officer of Stobart Group Ltd. , Andrew Tinkler, bought about 10 percent of British airline Flybe Group Ltd on Friday, Sky News reported.

** Brazilian planemaker Embraer SA said on Friday its board has authorized the company to take steps toward implementing a proposed partnership with Boeing Co, after receiving consent from Brasilia.

** Anheuser-Busch InBev, the world’s largest brewer, is considering raising billions of dollars in a partial flotation of its Asian operations, two Asian banking sources said on Saturday, in a deal that would help to ease its debt burden.

** Major port operator DP World said on Sunday it had agreed to acquire a 71.3 percent stake in Chile’s Puertos y Logistica (Pulogsa) from Minera Valparaiso and other shareholders associated with the Matte Group.

** Cement maker HeidelbergCement said it would deliver proceeds of about 500 million euros ($573 million) in asset sales in 2018, putting it on track for 1.5 billion in planned disposals by the end of 2020.

** Bahrain-based alternative investment manager Investcorp said it was forming a $1 billion European private equity portfolio with Coller Capital.

** Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch energy company Eneco, which analysts estimate to be worth around 3 billion euros ($3.4 billion).

Compiled by Arundhati Sarkar in Bengaluru

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