Deals of the day- Mergers and acquisitions

Sat, 01 Feb - 7:09am

(Adds Merck, Thermo Fisher Scientific, others)

Jan 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Swiss machinery manufacturer Sulzer AG SUN.S agreed to sell its coatings unit Metco to peer Oerlikon OERL.S for about 850 million Swiss francs ($949 million) in cash, as it seeks to focus on its three main businesses. News Search ID:nL5N0L507Y

** Uranium miner Cameco Corp CCO.TO said it has agreed to sell its interest in Bruce Power, a partnership that operates one of the world's largest nuclear generating facilities in Ontario, for C$450 million ($403 million). News Search ID:nL2N0L50L4

** Merck & Co Inc MRK.N has received approaches from large consumer companies interested in buying its consumer healthcare business, best known for Coppertone sunscreen and Claritin allergy medicine, according to people familiar with the matter.

News Search ID:nL2N0L50N5

** Austria is open to Carlos Slim's America Movil AMXL.MX taking a majority stake in Telekom Austria TELA.VI , the head of the state holding company said, paving the way for a long-awaited move by the billionaire investor. News Search ID:nL5N0L52CY

** Thermo Fisher Scientific Inc TMO.N , the world's largest laboratory equipment maker, has won U.S. antitrust approval to buy California's Life Technologies Corp LIFE.O on the condition that some assets are sold, the Federal Trade Commission said. News Search ID:nL2N0L515J

** U.S. investment firm Blackstone BX.N and Canadian property manager Ivanhoe Cambridge said on Friday they held 22.98 percent of French real-estate investment firm Gecina

GFCP.PA following a ruling by a Luxembourg court.

News Search ID:nWEB00HIR

** U.S. officials are likely to allow China's Lenovo Group to buy IBM's IBM.N low-end server business and Google Inc's

GOOG.O Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said. News Search ID:nL2N0L42ER

** Indian utility Tata Power Co Ltd TTPW.NS said it had agreed to sell its 30 percent stake in coal mining firm PT Arutmin Indonesia to Indonesia's Bakrie Group for $500 million.

News Search ID:nL3N0L54OC

** The Canada Pension Plan Investment Board (CPPIB) said on Friday it will buy a 10.4 percent stake in Transportadora de Gas del Perú (TgP) from Peruvian engineering and construction firm Graña y Montero for about $200 million. News Search ID:nL2N0L50RW

** India's Aditya Birla Nuvo Ltd ABRL.NS , a unit of the Aditya Birla Group, has agreed to sell its business process outsourcing unit Minacs to a group of investors for $260 million. News Search ID:nL3N0L51N7

** American buyout group KKR KKR.N has agreed to take a 10 percent stake in Hertha Berlin in a deal worth about 60 million euros that will boost the capital club's finances and brand in the Bundesliga, the two sides said on Friday. News Search ID:nL3N0L54W0

** South Africa's Bidvest BVTJ.J said it had raised its stake in drugmaker Adcock Ingram Holdings Ltd AIPJ.J to more than 34 percent, enough to block a rival $1.2 billion bid and prompt Adcock to seek urgent talks with its Chilean suitor.

News Search ID:nL5N0L50T6

** Hungary's OTP Bank Nyrt OTPB.BU signed a deal to buy the Croatian banking arm of Italy's Banco Popolare BAPO.MI for 107 million kunas ($18.94 million) to expand its business in the new European Union member state, OTP said in a statement.

News Search ID:nL5N0L51Q0

** Private equity investor Lone Star Href="NewsSearch">LS.UL has hired Rothschild Href="NewsSearch">ROT.UL and Bank of America Merrill Lynch BAC.N as advisors for the planned sale of German corporate bank IKB Deutsche Industriebank AG IKBG.F , two people familiar with the transaction said. News Search ID:nL5N0L51Q2

** Spain's second-biggest bank BBVA BBVA.MC said it would probably make an offer for Catalunya Caixa when it came up for auction, becoming the third Spanish bank to express interest in the state-owned lender. News Search ID:nE8N0E5025

** Deutsche Telekom AG DTEGn.DE dismissed as speculation media reports that it was considering raising its stake in its Greek unit OTE OTEr.AT . The German firm owns a controlling 40-percent stake in the unit. News Search ID:nL5N0L51SS

** The United Kingdom's Greenko Group Plc GKO.L may buy Lanco Infratech Ltd's LAIN.NS Budhil hydropower project, the newspaper Mint reported. News Search ID:nL3N0L515Z

** Public finance specialist Depfa, which state-rescued German bank Hypo Real Estate Holding Href="NewsSearch">HRESH.UL put on the block, has attracted binding offers from several private equity groups and hedge funds. The offers value Depfa at 200-300 million euros, sources said. News Search ID:nL6N0I828E

** Zynga Inc ZNGA.O will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline.

($1 = 0.90 Swiss francs)

($1 = 0.74 euros)

($1 = 5.65 Croatian kunas)

($1 = $1.12 Canadian)

(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:20140131:nL3N0L53KM:2
Topics: 
ZA ELEU EEU HU INDM DEAL1 TRAD RTRS PHON DE FIN ITSE DRU AT MX US IN WLES AU IT CON MRG ES BACT WEU BLD NA NRG FARM LATAM EXPL ELG ELI PHAG GB TH INVM CMPNY CA PREC CHE BANK REP DPR RDRU TEL COMA MUL DVST EUROPE COEN MET EUROP FUND ASIA EMRG LEN CH INVS GR AFE BNK MAC CONG CL

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com