Deals of the day- Mergers and acquisitions

Thu, 27 Feb - 8:14pm

Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday:

** A consortium involving two Maori tribes will bid against private equity giant Carlyle Group Ltd CG.O for Transpacific Industries Group Ltd's TPI.AX New Zealand waste management business, a deal expected to fetch NZ$1 billion ($830 million), a person involved in the bid told Reuters. News Search ID:nL3N0LW156

** Germany's Bayer BAYGn.DE said it would buy Dihon Pharmaceutical Group Co, a privately held company specialising in over-the-counter and herbal traditional Chinese medicine products. News Search ID:nWEB00JBP

** Japan's Osaka Gas Co 9532.T and Chubu Electric Power Co

9502.T said each plans to invest about $600 million for individual stakes of 25 percent in a gas export facility at the Freeport LNG gas project in Texas. News Search ID:nL3N0LW1Z8

** Essilor International ESSI.PA will buy Coastal Contacts Inc COA.TO COA.O , a digital retailer of eyeglasses and contact lenses, for C$430 million ($387 million), Coastal said.

News Search ID:nL3N0LW1TA

** U.S. private equity firm Blackstone Group LP BX.N signed an agreement to take a 20 percent stake in Italian fashion house Versace, in a deal worth 210 million euros ($287 million), a person close to the matter said. News Search ID:nI6N0LT000

** Chinese Internet company Baidu Inc BIDU.O is poised to make more acquisitions this year to entice smartphone users to tap into its services, a strategy that will put it on a collision course with bigger rivals like Tencent Holdings Ltd

0700.HK . News Search ID:nL1N0LV2ID

** State-run Korea Gas Corp 036460.KS said it had decided not to sell its stake in Australia's $18.5 billion Gladstone LNG (GLNG) project. News Search ID:nL3N0LW1OK

** Robert Friedland's High Power Exploration said it would buy a stake in copper prospector Apollo Minerals AON.AX , marking a further inroad by the mining entrepreneur into Australia's small-cap resources sector. News Search ID:nL3N0LW14U

** Standard Life SL.L could move parts of its business away from Scotland if Scots vote for independence, to protect the company's competitive position. News Search ID:nL6N0LW1SI

** Yuanta Financial Holdings Co 2885.TW , the parent of Taiwan's biggest brokerage, has won a bid for a stake of 27.06 percent in South Korea's Tongyang Securities Inc 003470.KS as it expands its footprint overseas, a company official said.

News Search ID:nT8N0KX00N

** COFCO Corp is in advanced talks to buy a stake in Dutch grain trader Nidera, at least two people familiar with the matter said, in a move allowing China to take further steps in securing food supplies. News Search ID:nL3N0LW216

** Hochtief HOTG.DE is in talks with investors regarding its strategic options on units Formart, HTP and Hochtief Property Management, Chief Executive Marcelino Fernandes Verdes told reporters.

($1 = 1.20 New Zealand dollars) ($1 = 1.11 Canadian dollars) ($1 = 0.73 euros)

(Compiled by Shubhankar Chakravorty in Bangalore)

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

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140227:nL3N0LW2ST:2
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