Deals of the day- Mergers and acquisitions

Mon, 13 Jan - 9:43pm

Jan 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday:

** British engineering firm Amec Plc AMEC.L said it had provisionally agreed to buy Foster Wheeler AG FWLT.O in a cash and share deal that values the Swiss-based engineer at 1.9 billion pounds ($3.1 billion). News Search ID:nL6N0KN0LZ

** German container shipping company Hapag-Lloyd Href="NewsSearch">PLG.UL is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores VAP.SN , which has a market capitalization of $845 million, German newspaper Die Welt reported.

** French drugmaker Sanofi SA SASY.PA will buy a 12 percent stake in Alnylam Pharmaceuticals Inc ALNY.O for $700 million and deepen their partnership to develop drugs for rare genetic diseases. News Search ID:nL2N0KN0I0

** Australia's biggest phone company Telstra Corporation Ltd

TLS.AX has agreed to sell 70 percent of its directories unit Sensis, offloading a struggling business challenged by digital transition for less than the market had anticipated.

Telstra said that it had agreed to sell the Sensis stake to Platinum Equity, a U.S.-based private equity firm, for A$454 million ($407.17 million). News Search ID:nL3N0KM0F6

** ACE Ltd ACE.N has agreed to buy a 60.9 percent stake in Thailand's Siam Commercial Samaggi Insurance PCL SCSM.BK for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.

News Search ID:nL3N0KN0Y8

** Toshiba Corp 6502.T is in the final stages of boosting its stake in British nuclear power firm NuGen to around 60 percent by buying a 10 percent stake from French utility GDF Suez SA GSZ.PA , industry sources familiar with the matter said. Toshiba would buy the stake from GDF Suez, which owns 50 percent of NuGen, for about 3 billion yen ($29 million), the Nikkei business daily reported. News Search ID:nL3N0KN1JN

** UBS AG UBSN.VX is not considering spinning off its investment bank, its Chief Executive Sergio Ermotti said, rebuffing speculation last week that it may consider such a move to quieten demands for it to put aside more capital.

News Search ID:nL6N0KN0ZA

** Discovery Communications Inc DISCA.O and Scripps Networks Interactive Inc SNI.N abandoned talks for a merger last week, the Wall Street Journal reported, quoting people familiar with the matter. News Search ID:nL3N0KN1MI

** Sports Direct International Plc SPD.L , Britain's largest sporting goods retailer, has acquired a 4.6 percent stake in Debenhams Plc DEB.L and said it wants to explore options "at an operational level" to work with the country's No. 2 department store group. News Search ID:nL6N0KN0QI

** Franco-American telecoms company Alcatel-Lucent SA

ALUA.PA is in talks with three potential buyers for its business selling telecoms equipment and services to corporations and a decision on the sale is expected by March, a Bloomberg report said. News Search ID:nL6N0KN0CG

** Ukraine's leading agriculture group Ukrlandfarming said U.S. agriculture giant Cargill Ltd Href="NewsSearch">CARGIL.UL had bought a 5 percent stake in the Ukrainian firm.

The deal took place in late 2013, Ukrlandfarming said in a statement, without disclosing the value of the stake.

News Search ID:nL6N0KN0QA

** German steelmaker Thyssenkrupp AG TKAG.DE will merge three units that develop production plants for industrial customers to seek faster growth in the market, it said.

News Search ID:nWEB00GLH

** U.S. oil and gas producer Hess Corp HES.N has finalized a deal to sell its Ujung Pangkah block in the East Java sea, worth $650 million, to PT Saka Energi Indonesia, a subsidiary of state-controlled gas firm PT Perusahaan Gas Negara PGAS.JK , the Investor Daily reported on Sunday. News Search ID:nL3N0KN0NJ

** France's Total SA TOTF.PA is set to become the first major oil company to invest in Britain's nascent shale gas industry, sources said on Saturday, boosting hopes for a pick-up in exploration to help assess the commerciality of the resource.

Total will announce a deal to commit 30 million pounds to drilling for shale gas in Lincolnshire in central England, two sources familiar with the matter told Reuters. News Search ID:nL6N0KL06N

** Hong Kong property firm Pacific Century Premium Developments Ltd , controlled by tycoon Richard Li, said on Monday it was in advanced talks to sell a property in Beijing for an undisclosed amount.

($1 = 0.61 British pounds)

($1 = 104.15 Japanese yen)

($1 = 1.12 Australian dollars)

(Compiled by Shivani Mody in Bangalore)

((shivanibipin.mody@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S +91 80 6749 3428)(Reuters Messaging:)(Reuters Messaging: shivanibipin.mody.thomsonreuters.com@reuters.net))

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140113:nL3N0KN2CR:3
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