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Deals of the day- Mergers and acquisitions

Published 2015-10-07, 06:16 a/m
© Reuters.  Deals of the day- Mergers and acquisitions
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Oct 7 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Wednesday:

** Bombardier BBDb.TO has approached European planemaker
Airbus AIR.PA about selling a majority stake in the Canadian
company's CSeries jet, people familiar with the matter said,
in a radical bid to prevent its aerospace ambitions being
crushed by cash shortages. urn:newsml:reuters.com:*:nL1N12623Z
Bombardier and Airbus, however, said they had halted talks
after exploring certain opportunities. urn:newsml:reuters.com:*:nL1N1262VR urn:newsml:reuters.com:*:nL8N1264SS

** Anheuser-Busch InBev ABI.BR , the world's largest
brewer, launched an improved offer for SABMiller SAB.L ,
offering just over 68 billion pounds ($104 billion) for its
largest rival to extend its reach into Africa and other markets.
urn:newsml:reuters.com:*:nL3N1271H5

** Diageo Plc DGE.L , the world's largest spirits company,
said it had sold its stakes in Jamaican brewer Desnoes & Geddes
Ltd DG.JS and GAPL Pte Ltd, the majority owner of Malaysia's
Guinness Anchor Berhad GUMS.KL , to Heineken NV HEIN.AS for
$780.5 million. urn:newsml:reuters.com:*:nL3N1271MZ

** Saudi Arabian billionaire Prince Alwaleed bin Talal and
his investment firm Kingdom Holding 4280.SE now together own
more than 5 percent of Twitter (NYSE:TWTR) Inc TWTR.N , the prince's office
said on Wednesday. urn:newsml:reuters.com:*:nL8N12714L

** Russian billionaire Mikhail Fridman's LetterOne fund has
emerged as the frontrunner for the acquisition of German utility
E.ON's EONGn.DE Norwegian North Sea assets, three industry and
banking sources said. urn:newsml:reuters.com:*:nL8N1264N3
Separately, LetterOne said it did not intend to buy the 33
percent stake in Vimpelcom VIP.O that Norwegian telecoms firm
Telenor TEL.OL has put up for sale, the Vedomosti daily
reported, citing two sources. urn:newsml:reuters.com:*:nL8N1270OR

** Washington Mayor Muriel Bowser announced a proposed
settlement that she said she hoped would prompt the city's
utilities regulator to approve a plan for Exelon Corp (NYSE:EXC) EXC.N
and Pepco Holdings Inc POM.N to merge. urn:newsml:reuters.com:*:nL1N1262F4

** Scottish Equity Partners (SEP), one of the early
investors in online flight comparison service Skyscanner, has
appointed Goldman Sachs (NYSE:GS) to sell 10 percent of the company at a
price that may value the startup at 1 billion pounds ($1.52
billion), the Telegraph reported. urn:newsml:reuters.com:*:nL3N1264I0

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