March 14 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday.
** Spanish power utility Iberdrola said it needed 3 billion euros ($4.18 billion) in additional financing for an aquisition in Brazil, buying back its Renovables unit .
** Cellcom Israel has offered to buy its sister company
Netvision for about 1.5 billion shekels ($421 million) in cash, Israel's largest mobile phone operator said.
** U.S. private equity firm Mount Kellett Capital Management along with two Indian firms are close to buying 35 percent in pharma retailer MedPlus Health Services for 4.1 billion rupees ($91 million), the Times of India reported on Monday.
** Japan's Nippon Life Insurance Company is buying a 26 percent stake in India's Reliance Life Insurance for $680 million, the Indian company said in a statement.
** France Telecom and Kuwaiti logistics group Agility are to acquire a 44 percent stake in fast-growing Iraqi mobile operator Korek Telecom, the groups said in a joint statement.
** State-run Steel Authority of India said it is conducting a joint feasibility study with Japan's Kobe Steel for a steel plant and a 1,000 megawatt gas-based power plant in north India.
** Zain approved an offer by Saudi billionaire Prince Alwaleed's Kingdom Holding and Bahrain Telecom (Batelco) for its Saudi assets, paving the way for completion of a $12 billion stake deal with UAE's Etisalat .
** Furniture retailer JD Group said it has agreed to buy Steinhoff's South African retail unit for about 3 billion rand ($436.1 million).
** Care homes operator Southern Cross Healthcare Group said it had walked away from offer talks and was instead looking to its landlords and the government to help tackle its increasingly precarious financial situation.
** British printing company St Ives Plc said it agreed to sell its loss-making magazine business for 20 million pounds ($32.5 million) to a unit of private equity firm Walstead Investments Ltd.
** Spanish oil company Repsol said on Monday private investors have agreed to buy 3.83 percent of its Argentine unit YPF at $42.4 per share.
** Troubled company AssetCo Plc , the largest outsourcing partner to London Fire Brigade, rejected a fresh takeover approach calling it "opportunistic", exactly a month after its short-term funding issues punctured offer talks with a third party.
(Compiled by Krishnakali Sengupta in Bangalore,sourced:Reuters)
** Spanish power utility Iberdrola said it needed 3 billion euros ($4.18 billion) in additional financing for an aquisition in Brazil, buying back its Renovables unit .
** Cellcom Israel has offered to buy its sister company
Netvision for about 1.5 billion shekels ($421 million) in cash, Israel's largest mobile phone operator said.
** U.S. private equity firm Mount Kellett Capital Management along with two Indian firms are close to buying 35 percent in pharma retailer MedPlus Health Services for 4.1 billion rupees ($91 million), the Times of India reported on Monday.
** Japan's Nippon Life Insurance Company is buying a 26 percent stake in India's Reliance Life Insurance for $680 million, the Indian company said in a statement.
** France Telecom and Kuwaiti logistics group Agility are to acquire a 44 percent stake in fast-growing Iraqi mobile operator Korek Telecom, the groups said in a joint statement.
** State-run Steel Authority of India said it is conducting a joint feasibility study with Japan's Kobe Steel for a steel plant and a 1,000 megawatt gas-based power plant in north India.
** Zain approved an offer by Saudi billionaire Prince Alwaleed's Kingdom Holding and Bahrain Telecom (Batelco) for its Saudi assets, paving the way for completion of a $12 billion stake deal with UAE's Etisalat .
** Furniture retailer JD Group said it has agreed to buy Steinhoff's South African retail unit for about 3 billion rand ($436.1 million).
** Care homes operator Southern Cross Healthcare Group said it had walked away from offer talks and was instead looking to its landlords and the government to help tackle its increasingly precarious financial situation.
** British printing company St Ives Plc said it agreed to sell its loss-making magazine business for 20 million pounds ($32.5 million) to a unit of private equity firm Walstead Investments Ltd.
** Spanish oil company Repsol said on Monday private investors have agreed to buy 3.83 percent of its Argentine unit YPF at $42.4 per share.
** Troubled company AssetCo Plc , the largest outsourcing partner to London Fire Brigade, rejected a fresh takeover approach calling it "opportunistic", exactly a month after its short-term funding issues punctured offer talks with a third party.
(Compiled by Krishnakali Sengupta in Bangalore,sourced:Reuters)
Posts
No comments:
Post a Comment