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Deals of the day-Mergers and acquisitions

Published 2015-07-21, 04:00 p/m
Deals of the day-Mergers and acquisitions

(Adds Nokia, Advtech , Conwert, St. Jude Medical, K+S; Updates
Horizon)
July 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:

** Gaming and Leisure Properties Inc GLPI.O , which leases
real estate to casino operators, said it would buy Pinnacle
Entertainment Inc PNK.N 's real estate assets in a deal that
gives the assets an enterprise value of $4.75 billion.
ID:nL3N1013YN

** French food group Bonduelle SCA BOND.PA is in
discussions to team up with Centerview Partners in a bid to
acquire General Mills Inc's GIS.N Green Giant frozen and
canned vegetable business, according to people familiar with the
matter. ID:nL1N1001ET

** Germany's premium car makers are close to a deal to buy
Nokia's NOK1V.HE HERE map business for between 2.5 billion and
3 billion euros ($2.74 billion to $3.29 billion), but a final
agreement hinges on the question of who owns the patents that
help self-driving cars talk to mobile networks, two sources
familiar with the deal told Reuters. ID:nL5N1012VT

** The European Bank for Reconstruction and Development
(EBRD) EBRD.UL said it had bought into Polish media group
Cyfrowy Polsat's CPS.WA 1 billion zloty ($265 million) bond
issue. ID:nL5N10135L

** South African private education group Advtech ADHJ.J
rejected a takeover offer from bigger rival Curro Holdings
COHJ.J , saying the proposal contained "unacceptable
pre-conditions". ID:nL5N10133Q

** Austrian property company Conwert CONW.VI is in
exclusive talks to buy German residential property group BGP, it
said. ID:nFWN10100Z

** Heart device maker St. Jude Medical Inc STJ.N is in
talks to buy smaller rival Thoratec Corp THOR.O , Bloomberg
reported, citing sources familiar with the matter.
ID:nL3N1014ZZ

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** Salt and fertilizer group K+S SDFGn.DE has rejected a
new attempt by Canada's Potash Corp POT.TO to entice the
German company into takeover talks, a K+S spokesman said.
ID:nL5N1013XE

** Qualcomm Inc QCOM.O is expected to conduct a strategic
review that may result in the breakup of the company, among
other options, the Wall Street Journal reported on Monday,
citing sources. ID:nL1N1002JZ

** Banco Bradesco SA BBDC4.SA , Brazil's No. 2
private-sector bank, late on Monday began exclusive talks to
acquire HSBC Holdings Plc's HSBA.L Brazilian unit, according
to a person with direct knowledge of the transaction.
The bid values HSBC Bank Brasil Banco Múltiplo at about 12
billion reais ($3.75 billion), the source added. ID:nL1N10101N

** Ireland-based Horizon Pharma Plc HZNP.O raised its
offer to buy Depomed Inc DEPO.O for the second time in two
months, pushing ahead with its hostile bid, now worth $1.97
billion, for the smaller drugmaker. ID:nL3N1013YC

** Online gambling firm GVC Holdings Plc GVC.L could make
another attempt to buy peer Bwin.party Digital Entertainment Plc
BPTY.L , just days after Bwin accepted a 900 million pound
($1.4 billion) offer from 888 Holdings Plc 888.L .
ID:nL3N1012PV

** PetroVietnam Gas GAS.HM , Vietnam's second-largest
listed firm by market value, said it is seeking permission from
its parent to reduce the state's shareholdings to 65 percent
from 96.7 percent by year-end. ID:nL3N10123A

** Australia's Treasury Wine Estates Ltd TWE.AX , the
world's biggest listed standalone wine firm, said it will sell
its Asti Winery, Souverain brand and vineyard assets in
California to E.& J. Gallo Winery. ID:nL3N1005CD

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** South Korea, which has failed in four attempts to sell
its controlling stake in Woori Bank 000030.KS , the country's
second-largest lender, said it plans to sell around 30-40
percent in several blocks ranging from 4 percent to 10 percent
each. ID:nL3N101056

** Bermuda-based reinsurer PartnerRe Ltd PRE.N said it
would seek talks with Exor SpA EXOR.MI to discuss the Italian
holding company's latest takeover offer, the sixth since it
began a bidding war with Axis Capital Holdings Ltd AXS.N in
April. ID:nL3N1014F3

** NMC Health Plc NMC.L , the London-listed and United Arab
Emirates-based healthcare provider, plans to invest in Saudi
Arabia and Qatar part of the $325 million which it has available
for acquisitions, a senior company official said.
ID:nL5N10114M

** A unit of private equity firm Warburg Pincus LLC WP.UL
will invest $284 million for a minority stake in India's Piramal
Realty, the Mumbai-based real estate developer said in a
statement on Tuesday. ID:nL3N1013OV

** Cairn India Ltd CAIL.NS Chief Executive Mayank Ashar
said on Tuesday the firm's proposed buyout by parent Vedanta Ltd
VDAN.NS was "on track", brushing off demands from some
minority shareholders for a higher price tag. ID:nL3N1013M4

** Shanghai Feilo Acoustics Co Ltd 600651.SS has made a
non-binding offer to acquire the lamps business of Germany's
Osram Licht AG OSRn.DE , the Chinese company said, lifting
Osram shares on Tuesday. ID:nL5N101219

** Lockheed Martin Corp LMT.N said on Monday that Pentagon
officials planned a detailed review of the company's bid to
acquire Sikorsky Aircraft, the helicopter unit of United
Technologies Corp UTX.N , but it did not expect major
obstacles. ID:nL1N1001P7

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** Sweden's Vattenfall VATN.UL expects to find a buyer for
its lignite or brown coal assets in Germany by the end of this
year and complete the deal by early 2016, the state-owned
company said on Tuesday. ID:nL5N1011LB

** Dutch mapmaker TomTom NV TOM2.AS has deepened its
partnership in high-definition mapping with German auto supplier
Robert Bosch ROBG.UL to refine the technology crucial for
autonomous driving. ID:nL5N10114A

** British holiday company Thomas Cook Group Plc TCG.L and
France-based Club Mediterranée said they would look at sharing
flights to destinations as part of a new plan underpinned by
their common Chinese shareholder Fosun International Ltd
0656.HK . ID:nL5N10121Q
($1 = 3.78 zlotys)
($1 = 0.91 euros)

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