Deals of the day-Mergers and acquisitions

Cementir Holding NV

19/09/2017 20:28

(Adds ProSiebenSat.1, Cementir Holding, Buenaventura, T-Mobile; 
Updates Linde) 
    Sept 19 (Reuters) - The following bids, mergers, 
acquisitions and disposals were reported by 2000 GMT on Tuesday: 
  
    ** The proposed $74 billion tie-up of German industrial 
gases group Linde  LING.DE  and U.S. peer Praxair  PX.N  got a 
boost on Tuesday when the world's biggest sovereign wealth fund 
said it was backing the deal.  urn:newsml:reuters.com:*:nL5N1M026I 
  
    ** The activist investor fighting Clariant's  CLN.S  planned 
$20 billion merger with Huntsman Corp  HUN.N  has built a 15.1 
percent stake in the Swiss chemicals maker, making it the 
company's biggest shareholder. urn:newsml:reuters.com:*:nL5N1M00JP 
  
    ** Buenaventura  BUEv.LM ,  BVN.N  is considering making a 
bid on a $2 billion copper project in Peru as the precious metal 
miner's gold production dwindles and copper prices rally, the 
company's chairman told Reuters.  urn:newsml:reuters.com:*:nL2N1M01H1 
  
    ** Post Holdings Inc  POST.N , which makes Honey Bunches of 
Oats and Grape-Nuts cereals, said it would buy Bob Evans Farms 
Inc  BOBE.O  for about $1.5 billion, adding vegetable-based side 
dishes and breakfast sausages to its portfolio.  urn:newsml:reuters.com:*:nL4N1M03VD 
     
    ** German chemicals group BASF  BASFn.DE  has strengthened 
its nylon business by agreeing to buy the global polyamide 
business from Belgian rival Solvay  SOLB.BR  for 1.6 billion 
euros ($1.9 billion).  urn:newsml:reuters.com:*:nL5N1M00H5 
     
    ** Drugstore chain Walgreens Boots Alliance Inc  WBA.O  said 
it received regulatory clearance to buy 1,932 stores, 254 stores 
lesser than it had previously intended, from Rite Aid Corp 
 RAD.N  for $4.38 billion.  urn:newsml:reuters.com:*:nL4N1M03ZS 
     
    ** Fomento Economico Mexicano (Femsa) said it had sold a 
stake of 5.24 percent in Heineken, the world's second largest 
brewer for some 2.5 billion euros ($3 billion).  urn:newsml:reuters.com:*:nL2N1LZ154 
     
    ** U.S. drug contract manufacturer Catalent Inc  CTLT.N  
agreed to buy Cook Pharmica LLC for $950 million in cash as the 
company doubles down on its fast-growing business of supplying 
biologics to drugmakers. urn:newsml:reuters.com:*:nL4N1M03WG 
 
    ** The sale of former White House communications director 
Anthony Scaramucci's SkyBridge Capital LLC hedge fund investment 
firm to a consortium that includes a Chinese buyer is still on 
track, with the closing date expected in late September, the 
firm's chief investment officer said.  urn:newsml:reuters.com:*:nL2N1LZ1ID 
     
    ** New Hope Corp  NHC.AX  is chasing more coal mine 
acquisitions in Australia over the next year to drive growth, 
its boss said after reporting a huge rise in annual profit on 
the back of an earlier expansion and higher coal prices. 
 urn:newsml:reuters.com:*:nL4N1M0131 
     
    ** Creditors of Australia's embattled Ten Network Holdings 
Ltd  TEN.AX  agreed to a A$209.7 million ($167 million) buyout 
from CBS Corp  CBS.N , effectively ending a battle for control 
between the U.S. broadcasting giant and Lachlan Murdoch. 
 urn:newsml:reuters.com:*:nL4N1LZ508 
     
    ** Thai coal miner Banpu PCL  BANPU.BK  is buying a 25.7 
percent stake in Singaporean green energy firm, Sunseap Group 
Pte Ltd for $55.7 million, the company said.  urn:newsml:reuters.com:*:nL4N1M01PJ 
     
    ** China General Nuclear Power Corporation (CGN) is bidding 
to make an equity investment in a planned British nuclear plant, 
the future of which was thrown into doubt earlier this year amid 
mounting financial woes at its developer Toshiba Corp  6502.T . 
 urn:newsml:reuters.com:*:nL4N1M023F 
  
    ** Nordic telecom operator Telia Company  TELIA.ST  said it 
had sold a 7 percent stake in Turkish mobile operator Turkcell 
 TCELL.ST  in a deal generating proceeds of about 4.1 billion 
Swedish crowns ($516 million).  urn:newsml:reuters.com:*:nL5N1M00UF 
     
    ** German vehicle brake systems maker Knorr-Bremse has 
dropped its 5.5 billion crown ($692 million) bid for smaller 
Swedish rival Haldex  HLDX.ST , ending for now a heated bidding 
process that has lasted more than a year.  urn:newsml:reuters.com:*:nL5N1M014L 
     
    ** Oil major Total  TOTF.PA  has stepped up its expansion 
into renewables with investments in solar and wind energy 
producer EREN RE and energy efficiency firm GreenFlex. 
 urn:newsml:reuters.com:*:nL5N1M018J 
  
    ** German media group ProSiebenSat.1  PSMGn.DE  is looking 
at up to 10 potential takeovers to reduce reliance on its 
advertising-driven TV operation, Chief Executive Thomas Ebeling 
has told investors.  urn:newsml:reuters.com:*:nL4N1M04J3 
     
    ** German automotive supplier ZF Friedrichshafen  ZFF.UL  
will not reenter the race for Swedish brake-systems maker Haldex 
 HLDX.ST  after Knorr-Bremse  STELLG.UL  dropped its 5.5 billion 
Swedish crown ($693 million) bid, it said.  urn:newsml:reuters.com:*:nF9N1LL006 
       
    ** Thyssenkrupp's  TKAG.DE  works council is prepared to 
consider a merger of the group's European steel operations with 
those of Tata Steel  TISC.NS , even though it remains opposed to 
such a move as a way to restructure the business.  urn:newsml:reuters.com:*:nF9N1LL00A 
    
    ** Russia's O1 Properties, one of the largest commercial 
property owners in the country, is in talks with a Chinese 
investor to sell a stake in the company, three people familiar 
with the talks said.  urn:newsml:reuters.com:*:nR4N1LV00E 
     
    ** U.S. hedge fund Elliott Management Corp raised its stake 
in Hitachi Kokusai Electric  6756.T  to just over 6 percent, a 
government filing showed, piling up pressure on KKR & Co LP 
 KKR.N  that has been trying to buy out the Japanese firm. 
  
    ** Italy's third-largest cement maker Cementir Holding 
 CEMI.MI  has agreed to sell its domestic assets to Italcementi, 
owned by Germany's HeidelbergCement  HEIG.DE .  urn:newsml:reuters.com:*:nL5N1M05OU 
     
    ** Pioneer  6773.T  and digital mapping group HERE said they 
had agreed to invest in one another so the companies can develop 
maps for autonomous driving services.  urn:newsml:reuters.com:*:nL5N1M0212 
     
    ** Portugal's telecom market watchdog Anacom delivered a 
blow to takeover plans by Dutch-based Altice for Media Capital, 
the owner of the TVI television channel, warning it could create 
serious obstacles to competition and harm consumers. 
 urn:newsml:reuters.com:*:nE8N1IJ01J 
     
    ** Bayer  BAYGn.DE  said it was unable to propose the sale 
of any digital farming assets to allay EU concerns about its 
planned $66 billion takeover of Monsanto  MON.N .  urn:newsml:reuters.com:*:nL5N1M03D5 
     
    ** U.S. investment fund Apollo Global Management  APO.N  was 
one of two bidders for a 55 percent stake in Slovenia's 
Gorenjska Banka  GBKR.LJ  and is now considering making a higher 
offer, a newspaper reported.  urn:newsml:reuters.com:*:nL5N1M02WK 
  
    ** U.S. wireless carriers T-Mobile US Inc  TMUS.O  and 
Sprint Corp  S.N  are said to be in active merger talks, CNBC 
reported on Tuesday, citing sources. urn:newsml:reuters.com:*:nL4N1M04E2 
 
 (Compiled by Roopal Verma and Anirban Paul in Bengaluru) 
 ((Roopal.Verma@thomsonreuters.com; within U.S. +1 646 223 8780, 
outside U.S. +91 80 6749 1495; Reuters Messaging: 
Roopal.Verma.thomsonreuters.com@reuters.net;Anirban.Paul@thomson 
reuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 
6749 9575; Reuters Messaging: Reuters Messaging: 
anirban.paul.thomsonreuters.com@reuters.net)) 
 
Keywords: DEALS DAY/