Deals of the day- Mergers and acquisitions

Fri, 28 Feb - 12:38am

(Adds Acciona, HSBC, Permira, Lockheed Martin, Kazakhmys, COFCO; Updates Bayer, COFCO)

Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 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

** Bayer AG BAYGn.DE said it would buy privately held Dihon Pharmaceutical Group Co, a maker of traditional herbal Chinese medicines, as the German drugmaker pushes to become the world's largest non-prescription medicines group.

News Search ID:nL6N0LW1I6

** Spain's Acciona SA ANA.MC is looking for a buyer of a minority stake in its international renewable energy portfolio, which has revenues of about 500 million euros ($683.35 million), the company said on Thursday. News Search ID:nE8N0IS01K

** European private equity fund Permira said on Thursday it had agreed to buy investment manager Tilney from Deutsche Bank AG DBKGn.DE as it looks to create a wealth manager with 9 billion pounds ($15 billion) of assets. News Search ID:nL6N0LW316

** 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

** Turkey is likely to start ordering F-35 fighter jets built by Lockheed Martin Corp LMT.N from 2015 onwards and it will start with two orders initially, Turkey's undersecretary for state-run defense industries Murad Bayar said on Thursday.

News Search ID:nL6N0LW2FV

** 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

** Copper miner Kazakhmys KAZ.L plans to sell off less-profitable mines to its biggest shareholder Vladimir Kim to focus on lower-cost, open-pit mines and growth projects, sending its shares up by more than 30 percent on Thursday.

News Search ID:nL6N0LW166

** 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

** Italy's Aeroporti Holding has agreed to sell its 33.4 percent stake in Florence airport operator Aeroporto di Firenze

AFI.MI to Argentine-controlled Cedicor. News Search ID:nL6N0LW38J

** State-run Korea Gas Corp 036460.KS said it had decided not to sell its stake in Australia's $18.5 billion Gladstone LNG 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

** HSBC HSBA.L said it is talks to sell its business in Pakistan to Meezan Bank Limited AMZN.KA , another possible sale by Europe's biggest bank from countries where it is unprofitable or lacks scale. Href="NewsSearch">IDLnWLB007E1

** 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

** China's COFCO Corp Href="NewsSearch">CNCOF.UL is in advanced talks to buy a stake in Dutch grain trader Nidera, people familiar with the matter said on Thursday, in a move that would help the world's most populous country secure food supplies. News Search ID:nL3N0LW2I4

** UDG Healthcare Plc UDG.L said it acquired KnowledgePoint360's healthcare communications business for $144 million in cash to expand in the United States and Europe.

News Search ID:nL3N0LW291

** 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)

($1 = 0.60 British pounds)

(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:3
Topics: 
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