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Deals of the day- Mergers and acquisitions

Published 2015-11-04, 03:16 p/m
© Reuters.  Deals of the day- Mergers and acquisitions
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(Adds China Telecom Corp, Natixis , Fibabanka, Webhelp; updates
Uralsib Bank)
Nov 4 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Wednesday:

** Brewer SABMiller Plc SAB.L has extended the deadline
for rival Anheuser-Busch InBev ABI.BR to make a formal $100
billion-plus takeover offer by a further week in order to
finalize shareholder support for the deal. urn:newsml:reuters.com:*:nL8N12Z10D

** Lockheed Martin Corp (N:LMT) LMT.N said it expects to close its
$9 billion acquisition of Sikorsky Aircraft from United
Technologies Corp UTX.N on Friday, now that it has received
final regulatory approval from China. urn:newsml:reuters.com:*:nL1N12Y3C0

** Monsanto (N:MON) Co's MON.N Climate Corp will sell its
Precision Planting farm equipment business to Deere & Co DE.N
for an undisclosed sum, a move that underscores how turmoil in
the agriculture sector has made it ripe for consolidation.
urn:newsml:reuters.com:*:nL3N12Y5C3

** Mylan MYL.O received U.S. antitrust approval for its
hostile bid for Irish-based generic drugmaker Perrigo Co (N:PRGO)
PRGO.N under the condition Mylan sells seven drugs to Alvogen
Group Inc, the Federal Trade Commission said on Tuesday.
urn:newsml:reuters.com:*:nL1N12Y2H1

** A unitholder in natural gas processor MarkWest Energy
Partners LP MWE.N , John Fox, came out in opposition to a
proposed $15.6 billion takeover by Marathon Petroleum Corp (N:MPC)
MPC.N , saying it would lead to a big cut in cash distributions
to unitholders. urn:newsml:reuters.com:*:nL3N12Z4OY

** BlackRock Inc (N:BLK) BLK.N said it was still in negotiations
with potential buyers for its office tower in Singapore, after
local developer CapitaLand CATL.SI ended talks with parties on
a prospective deal reported to be worth as much as $2.9 billion.
urn:newsml:reuters.com:*:nL3N12Z273

** French investment bank Natixis CNAT.PA announced plans
to acquire Spanish financial advisory firm 360 Corporate Finance
as part of a plan to grow by focusing on businesses with low
capital consumption. urn:newsml:reuters.com:*:nL8N12Z4VM

** Insurance-focused outsourcing company Xchanging Plc
XCH.L said U.S.-based private equity firm Apollo Global
Management LLC APO.N had dropped out of a race to potentially
acquire the company. Xchanging said last month that it had
reached an agreement on terms of a recommended cash offer with
Capita Plc CPI.L , valuing Xchanging at 412 million pounds
($635 million). urn:newsml:reuters.com:*:nL3N12Z30Q

** Turkey's Fibabanka has joined the ranks of banks
interested in buying HSBC's HSBA.L Turkish unit, two sources
close to the matter told Reuters, a business that is also being
considered by ING Group ING.AS . urn:newsml:reuters.com:*:nL8N12Z1ML

** China Telecom Corp 0728.HK has joined a list of
companies interested in purchasing a majority stake in Serbia's
biggest telecom provider, a government official said.
urn:newsml:reuters.com:*:nL8N12Z3SM

** Three investment firms are vying to buy French call
center operator Webhelp in a deal which could value the business
at around 1 billion euros ($1.09 billion), four sources familiar
with the matter said. urn:newsml:reuters.com:*:nL8N12Z4Z2

** Swedish telecom operator TeliaSonera TLSN.ST has hired
investment bank UBS to advise it on a planned sale of its
businesses in the region it calls Eurasia, UBS said on its
website. The businesses have a combined book value of around 20
billion Swedish crowns ($2.3 billion), Telia said. urn:newsml:reuters.com:*:nL8N12U3MF

** Sweden's Tele2 TEL2b.ST and state-controlled
Kazakhtelecom said they would combine their mobile businesses in
Central Asia's biggest economy, a highly competitive market.
urn:newsml:reuters.com:*:nL8N12Z1DB

** Siam Commercial Bank Pcl SCB.BK , Thailand's third
largest lender, said it has received a license from Vietnam's
central bank to open a full branch in Ho Chi Minh City as part
of its expansion into one of Southeast Asia's fastest growing
markets. SCB will spend $45.77 million to buy the stake, and the
new branch is expected to be set up by early 2016, the statement
said. urn:newsml:reuters.com:*:nL3N12Z3BX

** Turkey's Fibabanka has joined the ranks of banks
interested in buying HSBC's HSBA.L Turkish unit, two sources
close to the matter told Reuters, a business that is also being
considered by ING Group ING.AS . urn:newsml:reuters.com:*:nL8N12Z1ML

** Russian businessman Vladimir Kogan has acquired 82
percent of Uralsib Bank's shares as part of a central bank plan
to avert bankruptcy at the top-30 Russian lender, the bank said.
urn:newsml:reuters.com:*:nL8N12Z2BG

($1 = 8.57 Swedish crowns)
($1 = 1.39 Singapore dollars)
($1 = 0.65 pounds)

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