Deals of the day- Mergers and acquisitions

Tue, 04 Feb - 9:03pm

Feb 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 11:00 GMT on Tuesday:

** Shares in Lenovo Group Ltd 0992.HK slumped more than 16 percent on Tuesday after a weekend media report said the Chinese personal computer maker was in talks with Sony Corp 6758.T about a possible joint venture to buy Sony's loss-making Vaio PC business outside Japan. News Search ID:nL3N0L90G3

** French oil major Total TOTF.PA said on Tuesday it was selling its 15 percent stake in an offshore oil block in Angola to the country's state oil firm, Sonangol, for 750 million euros ($1.01 billion). News Search ID:nWEB00HMA

** Panasonic Corp 6752.T said on Tuesday it would sell chip assembly plants in Southeast Asia to a unit of Singapore's UTAC Holdings Ltd as it moves into the final stages of a sweeping restructuring to unload unprofitable operations.

News Search ID:nT9N0HP02Q

** Silver Standard Resources SSO.TO said it will buy the Marigold mine in Nevada for $275 million in cash from joint owners Goldcorp Inc G.TO and Barrick Gold ABX.TO in a deal that will provide the Canadian miner with more exposure to gold. News Search ID:nL3N0L91GD

** Federal Communications Commission Chairman Tom Wheeler expressed his skepticism about a potential merger between Sprint Corp S.N and T-Mobile US Inc TMUS.N in a meeting with Sprint Chairman Masayoshi Son on Monday, according to an FCC official briefed on the matter.

($1 = 0.7397 euros)

(Compiled by Anannya Pramanick in Bangalore)

((anannya.pramanick@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 6749 3143)(Reuters Messaging: anannya.pramanick.thomsonreuters.com@reuters.net))

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140204:nL3N0L92A6:3
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