Reuters: Mergers News: Deals of the day -- mergers and acquisitions

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Deals of the day -- mergers and acquisitions Mar 29th 2012, 09:44 March 29 | Thu Mar 29, 2012 5:44am EDT March 29 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Thursday. ** Swiss drugmaker Roche Holding has raised its unsolicited offer for Illumina by $1 bln to $6.7 bln -- a smidgen above the gene firm's market value. That puts real pressure on the board to talk. The stage is set for Roche to add a last sweetener in return for a recommendation. ** Westfield Group, the world's second-largest shopping mall owner, is close to selling seven malls in the United States to Starwood Capital Group for about $1 billion, the Wall Street Journal said on Wednesday, citing two people familiar with the matter. ** Spanish banking group BFA, which owns listed bank Bankia , said on Wednesday it had sold 10.36 percent of Mapfre America to the insurer's parent Mapfre for 244 million euros ($324 million) as part of a strategy to sell non-core assets. ** Irish financial services group IFG has sold its international division to private equity fund manager AnaCap for 70 million pounds ($111 million), the company said on Thursday. ** British bingo and casino operator Rank said it ended talks to buy the casino business of private-equity owned Gala Coral Group as the terms of the proposed deal were not beneficial for Rank. ** EU regulators are set to approve a bid by IAG, the owner of British Airways, to acquire Lufthansa's British unit bmi after IAG offered to give up additional airport slots, a person familiar with the matter said on Thursday. ** Red Lion Hotels Corp on Wednesday said it is looking at its strategic alternatives, including a sale of the company or a strategic combination with a third party, sending its shares up 13 percent in after-market trading. ** General Motors unit Opel is considering the sale of its Eisenach plant in Germany where it manufactures the Corsa subcompact and was due to begin building the Junior later this year, German newspaper Handelsblatt reported on Thursday. ** Tata Communications and Vodafone have both been given more time to decide whether they want to bid for British telecoms group Cable & Wireless Worldwide. ** Actuant Corp said it acquired Turotest, which provides design and manufacture of instrument panels, gauges and senders serving the Brazilian agriculture and industrial markets. Link this Share this Digg this Email Reprints

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