Deals of the day- Mergers and acquisitions

Sat, 29 Mar - 6:09am

(Adds Safaricom, Shell, OIAG, Telefonica, Daimler, Belgacom, Vivendi, Isagen, Air France-KLM)

March 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** French gas and power group GDF Suez GSZ.PA said it had signed a deal to sell U.S. liquefied natural gas to CPC Corp of Taiwan. News Search ID:nL5N0MP1LI

** Investment group J&T has merged its stake in Unipetrol

UNPE.PR with those of various clients, making them the second-biggest shareholder in the Czech downstream oil group with more influence to push for supervisory board seats and a dividend payment. News Search ID:nL5N0MP1MW

** Italian energy group Eni ENI.MI said it had sold a 7 percent stake in Galp Energia GALP.LS for 702.4 million euros ($965 million) via an accelerated bookbuilding offered to institutional investors. News Search ID:nI6N0MG029

** Brazil has approved Norwegian oil and gas firm Statoil's

STL.OL acquisition of a stake in an offshore oil concession from mining giant Vale VALE5.SA , Statoil said on Friday.

News Search ID:nWEB00KX6

** Australia's Woodside Petroleum Ltd WPL.AX has delayed signing a landmark agreement to take up to a $2.7 billion stake in Israel's Leviathan gas field, but said on Friday that it was in talks to overcome remaining issues. News Search ID:nL4N0MO52B

** Canadian metals explorer Augusta Resource Corp AZC.TO , which is fighting off a hostile takeover bid from HudBay Minerals Inc HBM.TO , said nine parties had expressed interest in the company in response to its strategic review.

News Search ID:nL4N0MP375

** The New Zealand government said it would sell up to 49 percent of power company Genesis Energy Ltd Href="NewsSearch">GEPWR.UL at NZ$1.55 a share, earning it up to NZ$736 million ($638 million) from the sale. News Search ID:nL4N0MP1C2

** Singapore's Oversea-Chinese Banking Corp Ltd OCBC.SI , in talks to buy Hong Kong's Wing Hang Bank Ltd 0302.HK , has halted trading of its shares three days before the banks' exclusive talks on a multibillion dollar deal are due to expire.

News Search ID:nL4N0MP1MR

** Australia's federal government said it would pay states to sell off assets as treasurers across jurisdictions agreed to do more to lure local and overseas investors to take a slice of an estimated A$100 billion ($92.58 billion) in infrastructure.

News Search ID:nL4N0MP1AS

** Papua New Guinea energy company Oil Search Ltd OSH.AX launched a fight on Friday to contest French oil giant Total SA's TOTF.PA purchase of a 40 percent stake in PNG's biggest undeveloped gas field. News Search ID:nL4N0MP06X

** Swedish truck and heavy vehicle group Volvo VOLVb.ST said it had agreed to sell commercial real estate in a deal expected to boost second quarter operating income by 900 million Swedish crowns ($139 million). News Search ID:nL5N0MP1BT

** Kenya's telecoms regulator granted conditional approval to the nation's biggest telecoms operators, Safaricom SCOM.NR and the local unit of Bharti Airtel BRTI.NS to buy the No. 3 network, Yu, operated by India's Essar Telecoms. News Search ID:nL5N0MP2O1

** Nigerian firms Taleveras and Aiteo have made the highest bid of $2.85 billion for the biggest of four Shell RDSa.L assets up for sale, but the oil major is holding out while it tries to persuade them to team up with Seplat, an existing operator. News Search ID:nL5N0MP336

** Austrian state holding company OIAG's board authorised management to negotiate a deal to pool the state's Telekom Austria TELA.VI stake with that of Carlos Slim's America Movil AMXL.MX, effectively handing Slim control of the group.

News Search ID:nL5N0MP46M

** Telefonica TEF.MC , which wants to buy KPN's KPN.AS E-Plus unit in Germany, should be forced to give rivals cost price access to its German network and sell some of its prepaid brands, German telecoms and Internet services provider Freenet

FNTGn.DE said on Friday. News Search ID:nL5N0MP3YR

** Germany's Daimler DAIGn.DE and Beijing Automotive Industry Corp IPO-BAC.SS have earmarked 1 billion euros ($1.37 billion) of a 4 billion-euro China investment plan to more than double car production at their joint venture by 2015.

News Search ID:nWEB00KXI

** Belgian telecoms group Belgacom BCOM.BR said on Friday it had agreed to sell its French IT services unit Telindus France to French group Vivendi VIV.PA for 95 million euros ($130.7 million) in cash. News Search ID:nL5N0MP4BL

** Colombia's Council of State, a top judicial authority, has suspended the sale of the government's stake in the Andean nation's third-biggest power generator, Isagen ISG.CN , over allegations the transaction is being carried out in violation of the constitution. News Search ID:nL1N0MP1DE

** Air France-KLM AIRF.PA said it accepted the firm offer from Germany's Intro Aviation GmbH to purchase its CityJet regional airline as well as its subsidiary VLM. News Search ID:nWEB00KXR

** Germany's TAG Immobilien TEGG.DE agreed to sell the bulk of its commercial real estate business to Apollo Global Management APO.N in a deal worth 297 million euros ($408 million) as it seeks to focus on residential properties.

News Search ID:nWEB00KXT

** French market regulator AMF has asked Vivendi VIV.PA , cable firm Numericable NUME.PA , its parent Altice ATCE.AS and rival bidder Bouygues BOUY.PA for more transparency in their talks over a takeover of Vivendi's telecom unit SFR.

($1 = 1.15 New Zealand dollars)

($1 = 1.08 Australian dollars)

($1 = 6.48 Swedish crowns)

($1 = 0.73 euros)

(Compiled by Neha Dimri and Sampad Patnaik in Bangalore)

((Neha.Dimri@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 6749 1130)(Reuters Messaging: neha.dimri.thomsonreuters.com@reuters.net))

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140328:nL4N0MP29N:3
Topics: 
CRU HK INDS UTIM MEAST ENR UTIL INDM DEAL1 RTRS INDG FIN ENER US IL AU HMAC CYCS NGS IT COM AUTO PT MRG BACT WEU AUT ASEAN NRG AMERS EXPL ELG EZC NZ CMPNY PAC BANK REP FR MACH EUROPE OILI OILG SE SG FINS EUROP EMRG NORD ASIA BISV LEN REFI BSVC PG BNK MAC CN

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