Wednesday, April 4, 2012

Reuters: Mergers News: REFILE-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
REFILE-Deals of the day -- mergers and acquisitions
Apr 4th 2012, 10:10

Wed Apr 4, 2012 6:10am EDT

April 4 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Wednesday.

** GDF Suez said on Wednesday it would consider whether to pursue its plan to buy out minority shareholders in International Power after the British company rejected its French parent's 6 billion-pound ($9.6 billion) offer for the 30 percent it does not already own.

** Lawmakers from two of Indonesia's most powerful political parties voiced opposition on Tuesday to a bid by Singapore's DBS Group to take over local lender Bank Danamon , and said they wanted to bar heavy foreign ownership of local banks.

But they signaled they may not be able to stop the $7.2 billion deal that would be the largest ever foreign takeover in Southeast Asia's biggest economy, at least for now.

** Roche Holding AG stepped up its charm offensive towards Illumina shareholders as it battles to take over the U.S. gene sequencing company, telling them its increased $6.7 billion bid represented concrete value in a high-risk market.

** US Airways Group sees $1.5 billion in synergies from a potential merger with AMR Corp, the bankrupt parent of American Airlines, The Wall Street Journal reported on Tuesday.

** Dutch technology firm TKH Group said it will make a voluntary offer to acquire the outstanding shares in Frankfurt-listed Augusta Technologie AG for 161 million euros ($215 million).

** Capita Plc said it would buy AXA's Bluefin Corporate Consulting for 50 million pounds ($79.9 million).

** Ocwen Financial Corp said the base purchase price for the Saxon transaction was $73.8 million. On Oct. 24, Morgan Stanley announced plans to sell Saxon to Ocwen for $59.3 million.

** EDF said it expects Italy's market regulator to rule next week on whether the French power company is offering a fair price to buy out minority shareholders in Italian power producer Edison.

** The Electrical & Automation of Larsen & Toubro Ltd said it acquired Thalest Ltd, a UK-based holding company.

** Greece's Eurobank said on Wednesday that Alpha Bank violated its obligations when it decided to scrap a planned merger of the two lenders.

** Conglomerate San Miguel Corp said on Wednesday it will buy minority stakes in flag carrier Philippine Airlines Inc (PAL) and a sister airline, broadening its business reach after its expansion into power, infrastructure, mining and telecoms.

** Burger King Worldwide said it would merge with Justice Holdings Inc to list on the New York Stock Exchange.

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.