Deals of the day- Mergers and acquisitions

Hanwha Life Insurance

02/09/2016 11:14

Sept 2 (Reuters) - The following bids, mergers, acquisitions 
and disposals were reported by 1000 GMT on Friday: 
     
    ** Hewlett Packard Enterprise Co  HPE.N  is in talks with 
buyout firm Thoma Bravo LLC to sell its software division, 
hoping it can fetch between $8 billion and $10 billion, 
according to people familiar with the matter.  urn:newsml:reuters.com:*:nL1N1BD1RO 
     
    ** Private equity firms Carlyle Group  CG.O  and TPG Capital 
have teamed up with two separate Chinese state companies to bid 
for McDonald's  MCD.N  outlets in China and Hong Kong in a deal 
worth between $2 billion and $3 billion, four people familiar 
with the matter said.  urn:newsml:reuters.com:*:nL3N1BE2FH 
     
    ** Yum Brands Inc  YUM.N , owner of KFC and Pizza Hut, has 
agreed to sell a stake in its China operations to a Chinese deal 
maker and the financial affiliate of Chinese internet giant 
Alibaba Group Holding Ltd  BABA.N , the Wall Street Journal 
reported, citing people familiar with the situation.        
     
    ** Alcoa Inc  AA.N  and Alumina Ltd  AWC.AX  have settled a 
dispute and agreed to reshape their joint venture, removing an 
obstacle to Alcoa's plan to split into two companies and making 
its Australian partner a more attractive takeover target. 
 urn:newsml:reuters.com:*:nL3N1BD5FU 
     
    ** China's commerce ministry will launch an anti-monopoly 
probe into Comcast Corp's  CMCSA.O  planned purchase of 
DreamWorks Animation after receiving unspecified complaints that 
the U.S. media deal could hurt competition in the Chinese 
market.  urn:newsml:reuters.com:*:nL3N1BE2DM 
    Separately, the ministry is investigating the planned 
acquisition by ride-hailing firm Didi Chuxing of U.S. rival Uber 
Technologies Inc's  UBER.UL  China unit over anti-monopoly 
concerns, the ministry's spokesman said.  urn:newsml:reuters.com:*:nL3N1BE2CP 
     
    ** South Korea apparel and retail firm E-Land Group is 
selling a youth clothing brand to China's V-Grass Fashion Co Ltd 
 603518.SS  for nearly $900 million, cashing in on a boom in 
Korean fashion and cosmetics China to raise funds to cut debt. 
 urn:newsml:reuters.com:*:nL3N1BE05R 
     
    ** A consortium comprising companies and liquidators 
prevailed in a bankruptcy auction for U.S. teen retailer 
Aeropostale Inc  AROPQ.PK  with a $243.3 million bid, 
potentially saving 229 of its stores, Aeropostale said on 
Thursday.  urn:newsml:reuters.com:*:nL1N1BE04Y 
     
    ** New Zealand resins and coating firm Nuplex Industries Ltd 
 NPX.NZ  said European Union antitrust officials cleared Allnex 
Belgium SA/NV's takeover bid for Nuplex, taking the NZ$1.05 
billion ($765 million) deal over the final regulatory hurdle. 
 urn:newsml:reuters.com:*:nL3N1BE169 
     
    ** At least eight large oil companies will participate in 
Mexico's tender to partner with state oil company Pemex to 
develop the deep-water Trion field in the Gulf of Mexico, two 
sources from the National Hydrocarbons Commission (CNH) said. 
 urn:newsml:reuters.com:*:nL1N1BD1OX 
     
    ** South Korea's Hanwha Life Insurance  088350.KS  said it 
is considering buying a stake in Woori Bank  000030.KS , adding 
that nothing has been decided.  urn:newsml:reuters.com:*:nS6N17L03T 
     
    **  Australian packaging company Amcor Ltd  AMC.AX  said it 
will buy a plastic container manufacturing business from 
U.S.-based Sonoco Products Co  SON.N  for $280 million. 
 urn:newsml:reuters.com:*:nL3N1BD58Z 
     
    **  Crop Production Services (CPS), a farm retail subsidiary 
of fertilizer producer Agrium Inc  AGU.TO , has agreed to sell 
four Alberta stores to resolve competition concerns around its 
proposed purchase of smaller rival Andrukow Group Solutions, 
Canada's antitrust regulator said on Thursday.  urn:newsml:reuters.com:*:nL1N1BD1ZP 
 
 (Compiled by Natalie Grover) 
 ((natalie.grover@thomsonreuters.com)(;)(within U.S. +1 646 223 
8780, outside U.S. +91 99 1694 7070)(; Reuters 
Messaging:)(natalie.grover.thomsonreuters.com@reuters.net)) 
 
Keywords: DEALS DAY/