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 May 1st 2012, 09:21 Tue May 1, 2012 5:21am EDT May 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Tuesday: ** India's UB Holdings is in talks with private equity funds Blackstone and Kohlberg Kravis Roberts to sell some of its commercial real estate for 6.5 billion rupees ($123 million), the Times of India newspaper reported on Tuesday citing unnamed banking sources. ** Irish airline Aer Lingus said Etihad Airways has acquired a 2.987 percent stake, as Abu Dhabi's flagship carrier makes further inroads into the European market. ** Danish utility DONG is moving into the British retail energy market through buying Royal Dutch Shell Plc's Shell Gas Direct for 30 million pounds ($48.72 million), DONG said on Tuesday in a statement. ** China's Hony Capital plans to sell or outsource the operations at Elpida Memory's Hiroshima DRAM plant to Semiconductor Manufacturing International Corp (SMIC) if its bid for the bankrupt Japanese chipmaker is successful, the Nikkei business daily said on Tuesday.

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