Deals of the day- Mergers and acquisitions

Tue, 11 Mar - 1:01am

(Adds FMC, Montage, NII Holdings, TEP, Banca Monde Dei Paschi, Super Group; Updates Diana Group)

March 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Monday:

** German drink and food flavors maker Wild is putting itself up for sale in a deal that could value the company at 1.5 billion euros ($2.1 billion), three people familiar with the matter said. News Search ID:nL6N0M42Y8

** GlaxoSmithKline GSK.L GSK.N said it paid 64 billion rupees ($1.05 billion) to increase its stake in its Indian pharmaceuticals unit to 75 percent, as it banks on rising demand for medicines in emerging markets. News Search ID:nL6N0M70DO

** U.S. fruit firm Chiquita Brands International Inc CQB.N and Irish rival Fyffes Plc FFY.I , Europe's largest distributor, have struck an all-stock merger deal to create the world's biggest banana supplier. News Search ID:nL3N0M724Y

** Classified Ventures LLC, a joint venture of five media companies, has put its online listings business, Cars.com, up for sale at a price of up to $3 billion, The Wall Street Journal reported on Sunday, citing people familiar with the plans.

News Search ID:nL2N0M60LS

** Wesfarmers Ltd WES.AX , one of Australia's largest retailers, plans to sell its insurance broking business via an initial public offering worth around A$1.12 billion ($1.02 billion), the Weekend Australian newspaper reported on Saturday.

News Search ID:nL3N0M60DX

** French food ingredient maker Diana Group has attracted bids worth more than 1.2 billion euros, including debt, from Germany's Symrise SY1G.DE and Japan's Ajinomoto 2802.T , sources familiar with the matter said. News Search ID:nL6N0M71KW

** France's Bouygues Telecom BOUY.PA has agreed to sell its mobile network and much of its spectrum to smaller rival Iliad ILD.PA as a way to head off competition regulators' concerns about its pending bid for Vivendi's SFR VIV.PA . If Vivendi picks Bouygues' bid for SFR over a rival offer - and if regulators approve the merger - then Bouygues will sell 15,000 mobile antennas and some of its mobile spectrum to Iliad for up to 1.8 billion euros, according to statements from both companies on Sunday. News Search ID:nL6N0M703X

** The war of words between Cliffs Natural Resources Inc

CLF.N and Casablanca Capital escalated on Friday, after the activist investor rejected an offer to end a proxy battle to win control of the iron ore miner's board. Casablanca, Cliffs' fifth-largest shareholder with a 5.2 percent stake, wants Chief Executive Gary Halverson gone, and the company to spin off its "riskier" international operations from cash-generating U.S. assets. News Search ID:nL3N0M441H

** NII Holdings Inc NIHD.O , which provides telecom services under the Nextel brand in Latin America, said it hired financial firms for advise on a potential sale of the company and on ways to deal with its $5.79 billion debt load.

News Search ID:nL3N0M734H

** Chemical manufacturer FMC Corp FMC.N said it would split into two companies, one comprising its minerals business and the other its agricultural solutions, health and nutrition business. News Search ID:nL3N0M73DL

** German builder Hochtief AG HOTG.DE plans to spend over $1 billion to lift its majority stake in Australia's Leighton Holdings Ltd LEI.AX , seeking to push through restructuring at a business that already delivers most of Hochtief's profit.

News Search ID:nL3N0M60SH

** French electrical gear maker Schneider Electric SCHN.PA confirmed it was in talks with potential buyers for its sensors unit CST, following a newspaper report saying it could reap up to $900 million from a deal. News Search ID:nL6N0M70M5

** United Rentals Inc URI.N , the world's largest equipment rental company, said on Sunday it had agreed to acquire privately held National Pump, the second-largest specialty pump rental company in North America, for $780 million.

News Search ID:nL2N0M60NY

** Private equity giant TPG Href="NewsSearch">TPG.UL plans to sell 56 farm properties of Australia's largest poultry firm, Ingham Enterprises, for up to A$650 million, a property agent responsible for the sale told Reuters. News Search ID:nL3N0M718U

** Chipmaker Montage Technology Group MONT.O said it received a buyout offer valuing it at about $600 million from a Chinese state-owned company. News Search ID:nL3N0M73JK

** Clean energy fund Trading Emissions plc (TEP) TREM.L said it had reached an agreement to sell its portfolio of United Nations-backed carbon credits to an unidentified buyer, taking another step forward in winding up its business. News Search ID:nL6N0M71O2

** Chinese diversified energy company Landbridge Group Co Ltd has launched an A$160 million unsolicited bid for Queensland coal seam gas company WestSide Corp Ltd WCL.AX , to gain entry into northern Australia's fast-growing gas industry.

News Search ID:nL3N0M71L9

** China's largest Internet company Tencent Holdings Ltd

0700.HK may soon announce a deal to take about a 16 percent stake in online retailer JD.com and merge their online shopping platforms, local media reported on Saturday. News Search ID:nL3N0M50BL

** Aircraft parts and auto components maker Senior Plc

SNR.L said it acquired Malaysia-based UPECA Technologies, a high-precision components maker, for $75.5 million including debt to expand in the South East Asian region. News Search ID:nL3N0M723M

** An online education company backed by Alibaba Group Holding Ltd IPO-ALIB.N said a unit of Softbank Corp 9984.T had made a strategic investment in the company for an undisclosed amount. News Search ID:nL3N0M70XI

** Unilever PLC ULVR.L UNc.AS has bought a majority stake in water purification company Qinyuan, its biggest Chinese acquisition in 10 years, the consumer goods company said on Sunday without disclosing what it paid. News Search ID:nL3N0M6097

** The second biggest shareholder in Banca Monte dei Paschi di Siena BMPS.MI cut its stake in the troubled Italian lender to 1 percent from 4 percent, market watchdog Consob said in a filing on its website. News Search ID:nI6N0M400A

** South African logistics company Super Group SPGJ.J has bought a majority stake in Chinese-backed Great Wall Motors SA, the companies said.

($1 = 0.72 euros)

($1 = 1.10 Australian dollars)

($1 = 61.09 Indian Rupees)

(Compiled by Natalie Grover)

((natalie.grover@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 99 1694 7070)(Reuters Messaging:)(natalie.grover.thomsonreuters.com@reuters.net))

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140310:nL3N0M72QL:3
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