Deals of the day- Mergers and acquisitions

Wed, 05 Mar - 11:59pm

(Adds MVM, EFG-Hermes, Playtech, Jupiter Fund Management; Updates Ciech)

March 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Wednesday:

** Morgan Stanley MS.N is weighing the sale of its private bank in Switzerland, which manages roughly 10 billion Swiss francs ($11.28 billion) in assets, a source close to the matter told Reuters. The U.S. bank is looking at several options, one of which is an outright sale, the person said. News Search ID:nL6N0M20QR

** Verizon Communications VZ.N is in talks with content providers to deliver web-based TV services to mobile platforms, Chief Executive Lowell McAdam said at an investor conference on Tuesday. News Search ID:nL1N0M11PV

** Hong Kong investment firm Cheung Kong Infrastructure Holdings Ltd 0001.HK may block Australian gas transporter APA Group's APA.AX A$2.06 billion ($1.84 billion) takeover of smaller rival Envestra Ltd ENV.AX , two people with knowledge of the matter told Reuters. News Search ID:nL3N0M207O

** France's Imerys S.A. IMTP.PA raised its offer to buy U.S. minerals and materials group Amcol International Corp

ACO.N to about $1.47 billion, topping an offer from Minerals Technologies Inc MTX.N . News Search ID:nL3N0M152E

** Poland's KI Chemistry, controlled by the country's richest man, Jan Kulczyk, has launched a 1.03 billion zloty ($338 million) bid for state-controlled chemicals maker Ciech

CIEP.WA . KI Chemistry, owned by holding company Kulczyk Investments, is seeking up to 66 percent of Ciech at 29.5 zlotys per share, with the state treasury welcoming Wednesday's offer, which closes on Apr. 25. News Search ID:nL6N0M20YY

** Norway's third-largest mobile operator, Tele2 TEL2b.ST , has hired investment bank ABG Sundal Collier to review its options in Norway, including selling its operations there, after it lost a December auction for a mobile spectrum key for the development of its Norwegian network. News Search ID:nL6N0M2186

** Investment firm Heraldic Holding has bought an additional 13.9 percent stake in electricity infrastructure builder Infratek Href="NewsSearch">INFRAT.OL , lifting its overall holding to 94.6 percent, Heraldic said. News Search ID:nL6N0M21GB

** British investment group Jupiter Fund Management's second-biggest shareholder, private equity firm TA Associates, has sold its entire 11 percent stake for 197.2 million pounds ($328.79 million). News Search ID:nL6N0M218O

** The private equity arm of Egyptian investment bank EFG-Hermes HRHO.CA has sold its 19 percent stake in United Arab Emirates jeweler Damas International to Qatar's Mannai Corp

MCCS.QA for $150 million, the company said. News Search ID:nL6N0M22BV

** The founder of online gaming technology company Playtech

PTEC.L is set to bank around 326 million pounds after ramping up the size of a share sale to over 15 percent, the company said. News Search ID:nL6N0M21V2

** Hungary's state-owned energy group MVM has signed a letter of intent to buy German E.ON's EONGn.DE Hungarian gas distribution companies, website Index.hu reported on Wednesday.

($1 = 1.12 Australian dollars)

($1 = 3.05 Polish zlotys)

($1 = 0.6 British pounds)

(Compiled by Natalie Grover)

((natalie.grover@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 99 1694 7070)(Reuters Messaging:)(natalie.grover.thomsonreuters.com@reuters.net))

Keywords: DEALS DAY/

URN: 
urn:newsml:reuters.com:20140305:nL3N0M242J:2
Topics: 
HK CHEM EEU UTIM MEAST UTIL ENR DEAL1 RTRS PHON TECH DE BMAT FIN ENER OGTR US QA WLES AU MRG BACT WEU EG BLD ELG REA INVB REDV GB CMPNY GASU NO CHE BANK REP SPEC FR TEL COMA COMC DVST EUROPE SWIT SE FINS MET EUROP FUND EMRG ASIA NORD PL BISV LEN CH BSVC SOFW BNK TCOM CONG

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