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Deals of the day- Mergers and acquisitions

Published 2015-09-14, 04:02 p/m
© Reuters.  Deals of the day- Mergers and acquisitions
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(Adds Legumex Walker; Updates Mylan)
Sept 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Monday:

** Mylan NV MYL.O said it launched a tender offer to
acquire fellow generic drugmaker Perrigo Co (NYSE:PRGO) Plc PRGO.N for
about $27 billion - an offer Perrigo has rejected so far.
ID:nL4N11K4DM

** Oil Search Ltd OSH.AX rebuffed an $8 billion takeover
proposal from Australia's biggest energy company Woodside
Petroleum Ltd WPL.AX as far too cheap, although it left the
door open to higher offers. ID:nL4N11J0JZ

** Solera Holdings Inc SLH.N , which provides technology
services to insurance companies, said it agreed to be acquired
by an affiliate of private-equity firm Vista Equity Partners for
$3.74 billion in cash. ID:nL1N11K040

** China Railway Group Ltd 601390.SS 0390.HK said it
would absorb the assets of subsidiary China Railway Erju Co Ltd
600528.SS as part of wider efforts to streamline the
government's sprawling railway sector. ID:nL5N11K023

** Spanish bank Sabadell SA SABE.MC is considering making
a bid for an 18 billion euro ($20.4 billion) mortgage portfolio
held by British nationalized banks Northern Rock and Bradford &
Bingley, a source familiar with the process said.
ID:nL5N11K0JF

** Trinity Mirror Plc TNI.L , publisher of the Daily Mirror
and Sunday Mirror, said it was in talks to buy out the shares it
does not already own in rival Local World Holdings Ltd.
ID:nL4N11K2EE

** Canada's Legumex Walker Inc LWP.TO said it had agreed
to sell its legume crop processing plants and expects to sell
its U.S. canola-crushing facility, allowing it to wind down the
company. ID:nL1N11K0SG

** Raiffeisen Bank International AG's RBIV.VI Czech unit
has agreed to buy Citibank's C.N local credit-card and retail
banking businesses, the banks said. ID:nL5N11K1PK

** Poland's No.3 power group Enea SA ENAE.WA offered 1.48
billion zlotys ($398.3 million) to buy a majority of its main
coal supplier Bogdanka LWBP.WA , as part of a strategy
envisaging 17 billion zloty investments by 2020. ID:nL5N11K0X4

** South African fashion retailer Truworths International
Ltd TRUJ.J said it was in talks with closely held British shoe
chain Office. ID:nL5N11K1I1

** Tele Columbus AG TC1n.DE Germany's third-largest cable
network operator, said on Sunday it has agreed to buy rival
pepcom GmbH to create a combined company reaching 3.7 million
homes, in a deal valued at 608 million euros ($689 million),
including debt. ID:nL5N11J0UB

** Credit Suisse Group AG CSGN.VX intends to sell its U.S.
private bank and slash its prime brokerage business under a
strategy being developed by new Chief Executive Tidjane Thiam,
Swiss newspaper Schweiz am Sonntag reported on Sunday.
id:nL5N11J06U

** India's JK Tyre & Industries Ltd JKIN.NS has agreed to
buy Kesoram Industries Ltd's KSRM.NS tyre manufacturing unit
in northern India for 22 billion rupees ($332.2 million),
according to an exchange filing. ID:nL4N11J06R

($1 = 0.6470 pounds)
($1 = 0.8821 euros)
($1 = 66.2310 Indian rupees)
($1 = 3.7159 zlotys)

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