Deals of the day Mergers and acquisitions Yahoo News Singapore
Post on: 17 Апрель, 2015 No Comment
![Deals of the day Mergers and acquisitions Yahoo News Singapore Deals of the day Mergers and acquisitions Yahoo News Singapore](/wp-content/uploads/2015/4/deals-of-the-day-mergers-and-acquisitions-yahoo_2.jpg)
(Adds Verizon, RadioShack, ABN Amro, Julius Baer, SacOil
Holdings, British Airways, and others )
Feb 2 (Reuters) — The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Monday:
** Swiss private bank Julius Baer could afford
another deal of around 60 billion Swiss francs ($65 billion) in
assets it is taking on with its purchase of Merrill Lynchs
overseas wealth arm, after it cuts franc spending, its chief
executive said.
** Verizon Communications Inc is nearing deals to
sell more than $10 billion in assets, including cellphone towers
and parts of its landline phone business, the Wall Street
Journal reported, citing people familiar with the matter.
** CRH has agreed to pay 6.5 billion euros ($7.4
billion) for assets from rivals Lafarge and Holcim
** Clear Channel Outdoor Holdings Inc has put on
hold the sale of its European outdoor advertising business after
the process was hit by a weaker euro, five sources familiar with
** RadioShack Corp is preparing to shut down the
chain in a deal that would see half the stores taken over by
Sprint Corp and the rest closed, Bloomberg News reported,
citing people with knowledge of the discussions.
Hedge fund Standard General LP is in talks to serve as the
lead bidder at a bankruptcy auction for RadioShack Corp,
the struggling consumer electronics retailer, the Wall Street
** Food distributor Sysco Corp said it would sell 11
distribution centers run by takeover target US Foods Inc
** Intel has agreed to buy German network chipmaker
Lantiq for an undisclosed amount to expand its range of chips
used in Internet-connected gadgets, the companies said on
Monday.
** Egypts Global Telecom (GTH) will sell a 51 percent stake
in Djezzy for $2.6 billion while keeping operational control of
the Algerian mobile operator, Global said on Sunday.
** Mylan Inc said it would buy Indian drugmaker Famy
Care Ltds female health businesses for about $750 million in
cash and $50 million in contingent payments to expand its line
of womens health products.
** South Africas oil and gas explorer SacOil Holdings
said on Monday it may cancel an agreement to complete
an appraisal on a prospective oil asset in Nigeria and could
exit other assets as the price of oil tumbles.
** British insurance broker Towergate Insurance said on
Monday that it had sold itself to its senior secured creditors
as part of a deal to slash its 1.04 billion pound ($1.56
billion) debt pile by nearly two-thirds.
** British Airwayss owner committed to serving London to
Ireland routes for five years on Monday in a bid to win backing
from the Irish government for its takeover of partly state-owned
airline Aer Lingus.
** Telecom Italia SpA is more likely to consider
mergers and acquisitions in Europe than in Brazil, where it
plans to invest in boosting network coverage and quality, Chief
Executive Marco Patuano said in an interview published in a
Brazilian newspaper on Monday.
** Chinas Everbright Securities Co Ltd has
agreed to buy Hong Kong conglomerate Sun Hung Kai & Co Ltds
70 percent stake in its brokerage and wealth
management service unit for HK$4.1 billion ($529 million), the
two companies said on Monday.
** UK-based private equity firm Mid Europa Partners said on
Monday it had signed a binding agreement to buy a majority stake
in Serbias Danube Foods Group, which includes the countrys
major dairy producers and a large mineral water bottling plant.
** Indias IDFC Ltd said it may buy a small equity
stake in a payments bank planned by local retailer Future Group,
subject to the retailer winning a license from the central bank.
** Polands second largest telecoms operator Netia
is forming a partnership with the countrys No.4 mobile operator
Play, a Netia spokesman said on Monday.
** Russias Bashneft said on Monday it wants to
buy back 1.5 percent of its charter capital, a move that would
slightly increase the states holding in the countrys
sixth-largest oil producer.