Deals of the day- Mergers and acquisitions

Hotel Shilla

03/02/2015 21:09

(Adds Valeant, Federation Centres, AT&T, Geberit, TUI Group, 
Lear Corp) 
    Feb 3 (Reuters) - The following bids, mergers, acquisitions 
and disposals were reported by 2100 GMT on Tuesday: 
     
    ** Verizon Communications Inc  VZ.N  is nearing wrapping up 
deals to sell more than $10 billion in assets, the Wall Street 
Journal reported, citing people familiar with the matter. 
 ID:nL4N0VC5SF  
     
    ** Australian shopping center giant Federation Centres Ltd 
 FDC.AX  said on Tuesday that it planned to buy larger rival 
Novion Property Group  NVN.AX  for A$7.8 billion ($6.1 billion), 
creating the country's third-largest shopping center owner. 
 ID:nL4N0VC6H0  
     
    ** German utilities RWE  RWEG.DE  and E.ON  EONGn.DE  are 
nearing a sale of their stakes in Enovos in a deal that values 
the Luxembourg energy provider at 2 billion euros ($2.28 
billion), two sources familiar with the matter said. 
 ID:nL6N0VD1T3  
     
    ** AT&T Inc  T.N  is selling some data centers worth about 
$2 billion as it continues its streak of asset sales, people 
familiar with the matter said on Monday.  ID:nL1N0VC2AG  
     
    ** Swiss sanitary equipment maker Geberit  GEBN.VX  said on 
Tuesday it had clinched 99.27 percent of Nordic ceramics maker 
Sanitec Corp  SNTC.ST  in a $1.4 billion takeover offer. 
 ID:nFWN0VD00U  
     
    ** Canadian drugmaker Valeant Pharmaceuticals International 
Inc  VRX.TO  is in talks to buy Salix Pharmaceuticals Ltd 
 SLXP.O , Bloomberg reported, citing people with knowledge of 
the matter.  ID:nL4N0VD5QE  
 
    ** Italian Prime Minister Matteo Renzi stuck by plans to 
shake up Italy's cooperative banks, and said he was ready to 
call a confidence vote to pass a decree reforming the sector. 
 ID:nI6N0UV00N  
     
    ** Office supply chains Staples Inc  SPLS.O  and Office 
Depot Inc  ODP.O  are in advanced talks to merge, the Wall 
Street Journal reported, citing people familiar with the matter. 
  ID:nL4N0VD2CU  
     
    ** Wendy's Co  WEN.O , the No. 3 U.S. hamburger chain by 
sales, said it would sell about 500 restaurants to franchisees 
and reduce company ownership of its outlets to about 5 percent 
by mid-2016.  ID:nL4N0VD4OK  
     
    ** Amazon.com Inc  AMZN.O  and Sprint Corp  S.N  are 
considering acquiring some RadioShack  RSH.N  stores after the 
troubled electronics retailer files for bankruptcy, Bloomberg 
reported, citing people with knowledge of the discussions. 
 ID:nL4N0VC5NV  
     
    ** A top U.S. diplomat said on Tuesday that "quite a few" 
telecommunications companies had been in touch with the 
government about the possibility of doing business in Cuba. 
 ID:nL1N0VD1KA  
     
    ** Plans by travel and tourism company TUI Group  TUIT.L  to 
shake up its airline operations are likely to lead to hundreds 
of job losses in Hanover, Germany, three sources familiar with 
the matter told Reuters.  ID:nL6N0VD3TN  
     
    ** Activist investor Mick McGuire said Tuesday Lear Corp's 
 LEA.N  stock price could surge by nearly 50 percent if the auto 
supplier splits into two publicly traded companies, a proposal 
that Lear's management said it was considering.  ID:nL4N0VD5LJ  
     
    ** Italian centre-right leader Silvio Berlusconi denied on 
Tuesday press speculation that he might sell his family-owned 
broadcaster Mediaset  MS.MI .  ID:nI6N0UV00J  
     
    ** Standard Chartered  STAN.L  is looking to sell its retail 
business in the Philippines, part of a wider bid by embattled 
CEO Peter Sands to cut costs and shrink the bank's asset base, a 
person with direct knowledge of the matter said.  ID:nL4N0VD37X  
     
    ** Qalaa Holdings, one of Egypt's largest investment 
companies, has signed a deal to sell its 80 percent stake in 
investment bank Pharos, Qalaa said in a statement on Tuesday. 
 ID:nL6N0VD4OY  
     
    ** Diversified chemical maker Tronox Ltd  TROX.N  is nearing 
a deal to buy a soda-ash business from rival FMC Corp  FMC.N  
for more than $1.5 billion, the Wall Street Journal reported, 
citing people familiar with the matter.  ID:nL4N0VD22Q  
     
    ** Hotel Shilla Co Ltd  008770.KS  said on Tuesday that it 
was interested in buying in-flight duty-free retailer DFASS 
Group, a deal that would give the fast-growing South Korean 
company a retail foothold in the U.S. market.  ID:nL4N0VD17S  
     
    ** Cliffs Natural Resources  CLF.N  expects to sell all or 
most of the assets of its Bloom Lake mining operation in Canada, 
which the company put into creditor protection last week, Cliffs 
Chief Executive Lourenco Goncalves said on Tuesday. 
 ID:nL1N0VD1J3  
     
    ** British outsourcing group Capita  CPI.L  said it agreed 
to acquire Avocis, a customer contract management company 
operating in Germany, Austria and Switzerland, for 210 million 
euros.  ID:nFWN0VC01Z  
     
    ** PTT PCL  PTT.BK , Thailand's largest energy firm, said on 
Tuesday its board had agreed to sell its 15 percent stake in oil 
refiner Bangchak Petroleum PCL  BCP.BK  to a state investment 
fund Vayupak. 
 
    ** Indonesian telecoms company PT Indosat Tbk  ISAT.JK  said 
on Tuesday that it could not comment on rumors that it is 
planning to acquire PT Hutchison 3 Indonesia, part of Hong 
Kong's Hutchison Whampoa.  ID:nL4N0VD4BM  
     
    ** Banks are lining up a debt financing package in excess of 
300 million euros ($344.49 million) to back private equity firm 
Mid Europa Partners' acquisition of a majority stake in Serbian 
Danube Foods Group, banking sources said on Tuesday. 
 ID:nL6N0VD47S  
     
    ** China's Dalian Wanda Group Co is buying Swiss sports 
marketing company Infront Sports & Media AG, marking the 
property firm's latest move into entertainment, two sources 
familiar with the matter told Reuters.  ID:nL6N0VD3BK  
     
    ** Austrian bank Erste Group  ERST.VI  is not in talks to 
buy the Hungarian operations of rival Raiffeisen Bank 
International  RBIV.VI , both banks said on Tuesday, denying a 
report on Hungarian website HVG.HU.  ID:nL6N0VD2VV  
     
    ** Italy said on Tuesday it had chosen Bank of America 
Merrill Lynch  BAC.N  as adviser in its plans to privatize state 
railway operator Ferrovie dello Stato (FS).  ID:nI6N0UV00M  
          
    ** Norwegian insurer Gjensidige  GJFS.OL  will buy the 
Lithuanian business of Polish rival PZU  PZU.WA , in a 54 
million euro ($61 million) transaction it hopes will almost 
double its share of the Baltic market.  ID:nL6N0VD11O    
     
 ($1 = 1.31 Australian dollars) 
 ($1 = 0.88 euros) 
 
 (Compiled by Anannya Pramanick in Bengaluru) 
 ((anannya.pramanick@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 3143 ; Reuters Messaging: 
anannya.pramanick.thomsonreuters.com@reuters.net)) 
 
Keywords: DEALS DAY/