February 22, 2019 / 11:45 AM / 7 months ago

Deals of the day-Mergers and acquisitions

(Updates Barrick Gold)

Feb 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: ** Switzerland’s Sika AG would be interested in buying some parts of BASF SE’s construction chemicals business but has ruled out bidding for the whole business, Chief Executive Paul Schuler told Reuters.

** Swedish entertainment company MTG AB is to sell Bulgaria’s leading commercial media company Nova Broadcasting to Bulgarian Advance Media Group in a 185 million euro ($209.48 million) deal, the companies said. ** Spanish regional lender Abanca said it had approached Liberbank SA’s about a takeover offer, which would value the former savings bank at around 1.7 billion euros ($1.9 billion). ** Blue Label Telecoms Ltd said a consortium had agreed to take a minority stake in South Africa’s third largest mobile carrier Cell C, of which it owns 45 percent. ** German utility RWE AG said it had acquired a majority stake in Czech grid company IGH from peer Innogy SE as part of a major sector reorganisation agreed with another rival E.ON.

** Telecom group Cellnex Telecom SA could bid for CTIL Tower Infrastructure, a Telefonica SA and Vodafone Group Plc joint venture, if they put it up for sale, the Spanish company’s CEO said. ** Germany’s Fresenius Medical Care wrapped up its $2 billion acquisition of U.S. home dialysis maker NxStage Medical , according to a U.S. Securities and Exchange Commission filing. ** Canada’s Barrick Gold Corp said it was considering an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith in the global gold sector and likely push smaller peers to start buying each other. ** The former boss of Provident Financial Plc is leading an unsolicited 1.3 billion pound ($1.7 billion) bid to buy the firm where he spent 22 years but which has run into trouble with regulators worried about the rates it charges on loans. ** Britain’s Merlin Entertainments Plc has sold its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts Inc for about A$174 million ($123.7 million), it said. ** Canada’s Saputo Inc is to enter the British market for the first time after agreeing to buy food company Dairy Crest Group Plc for 975 million pounds ($1.27 billion). ** French state-owned bank Bpifrance said it was selling 15.5 million shares in satellite operator Eutelsat Communications SA , or 6.67 percent of its capital, for around 285 million euros ($323.3 million). ** Uber Eats, the food delivery arm of ride-hailing app Uber Technologies Inc, is close to a deal to sell its Indian business to Bengaluru-based Swiggy, the Economic Times reported. ** State-owned Saudi Aramco signed an agreement to acquire nine percent of Chinese project Zhejiang Petrochemical, Saudi state news agency SPA said. ($1 = 1.4061 Australian dollars) (Compiled by Arjun Panchadar in Bengaluru)

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