(Adds Baxalta, TeliaSonera, Deutsche Postbank , SNS Reaal)
Aug 28 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:
** HSBC HSBA.L is dragging its feet on the sale of its
Turkish business to ING Group ING.AS , two sources familiar
with the matter said, as the bank is no longer in a hurry to
exit Turkey after securing a hefty $5.2 billion for its
Brazilian unit. ID:nL5N1131EA
** Wells Fargo (NYSE:WFC) & Co WFC.N has emerged as the leading
candidate to buy General Electric (NYSE:GE) Co's GE.N railcar financing
unit, Bloomberg reported. A deal to buy the business, which has
more than $4 billion in assets, could be announced by the Sept.
7 U.S. Labor Day holiday, Bloomberg said. ID:nL4N11318C
** Drugmaker Baxalta Inc BXLT.N is in talks to buy Ariad
Pharmaceuticals Inc ARIA.O to boost its oncology business,
Bloomberg reported, citing people familiar with the matter.
ID:nL4N11354N
** The European Commission said on Friday it had approved
DTZ's planned purchase of peer Cushman & Wakefield Inc for an
estimated $2 billion to create one of the world's largest real
estate services companies. ID:nL5N1132HD
** Mitsubishi Corp's 8058.T decision to spend $1.1 billion
for one fifth of Olam International OLAM.SI is a key vote of
confidence that will allow the Singapore agri-trader to exploit
M&A opportunities thrown up by the slump in the global
commodities market. ID:nL4N11251M
** Activist investor Carl Icahn disclosed an 8.5 percent
stake in Freeport-McMoran Inc FCX.N , taking aim at the
company's spending and capital structure, as well as executive
compensation. ID:nL4N1124GO
** Mylan NV MYL.O shareholders on Friday backed the
drugmaker's hostile bid for Perrigo Co (NYSE:PRGO) PRGO.N , allowing it to
launch a tender offer for the company's shares in the next few
weeks. ID:nL1N1130GD
** U.S. private equity firm Carlyle CG.O is in advanced
talks about buying Innovation Group TIG.L for 40 pence a share
in cash, valuing its equity at almost 500 million pounds ($769
million), the British software company said on Friday.
ID:nL5N1132JB
** Finnish telecom equipment maker Nokia NOKIA.HE said it
had agreed to create a Chinese joint venture with Huaxin in a
move that could pave the way for China's approval for Nokia's
proposed takeover of Alcatel-Lucent ALUA.PA . ID:nL5N1132MT
** TeliaSonera TLSN.ST and Telenor TEL.OL are preparing
deeper concessions as they fight for regulatory approval to
merge their Danish telecoms units, after an offer to sell mobile
spectrum to a new player fell short, said two people close to
the situation. ID:nL5N1133ZA
** Deutsche Postbank DPBGn.DE is looking at areas of
possible continued cooperation with majority owner Deutsche Bank
DBKGn.DE , which plans to divest the unit next year, Postbank
said on Friday. ID:nL5N1133ZT
** French payments company Ingenico INGC.PA has submitted
a bid to buy UK firm Worldpay, two sources familiar with the
matter said on Friday, as the contest heats up to take control
of Europe's leading payments processor. ID:nL5N11326A
** IPhone assembler Hon Hai Precision Industry Co Ltd
2317.TW will buy a 21 percent stake in Siliconware Precision
Industries Co Ltd (SPIL) 2325.TW , both firms said on Friday,
days after another Taiwan-based Apple Inc AAPL.O supplier said
it wanted to buy into the chip packaging firm. ID:nL4N11334E
** Canada's Brookfield Asset Management BAMa.TO made its
first significant investment in Indian infrastructure on Friday,
buying six road and three power projects from India's Gammon
Infrastructure Projects Ltd GAIN.NS . ID:nL4N1133NX
** The Dutch government said on Friday it would demerge the
banking and insurance operations of state-owned bank SNS Reaal,
bringing the bank one step closer to privatization and clearing
the way for the insurer's sale to Chinese buyer Anbang.
ID:nL5N1133SI
** French energy exploration and production company Maurel &
Prom MAUP.PA said it was reabsorbing its former Nigerian unit
MPI as a first step towards tripling in size to cope with the
impact of a plunge in the oil price. ID:nL5N1131ZA
** Sharp Corp 6753.T said it was considering various
options for its liquid crystal display business after a report
said it might sell a majority stake in the struggling operations
to rival Japan Display Inc 6740.T . ID:nL4N113044
** Auto parts maker Robert Bosch ROBG.UL has bought Seeo
Inc, a California-based company that has developed
next-generation lithium-ion batteries that could double the
range of electric cars. ID:nL5N11337N
** Bunge Brasil, a wholly owned subsidiary of Bunge Ltd
BG.N , said on Thursday it had agreed to acquire Brazilian
wheat processor Moinho Pacifico. Financial details were not
disclosed. ID:nL1N1122QL
** Sanlam SLMJ.J has started talks about a potential
acquisition in Angola, the company's senior official told
Reuters this week, as South Africa's largest insurer look for
new streams of income to offset slowing growth at home.
ID:nL5N1132OM
** Russia's VTB VTBR.MM , the country's second-largest bank
by assets, is selling stakes in a number of power companies on
the Moscow Exchange, the exchange said. The stakes, sold as a
packet, are being sold at no less than 15 billion roubles ($227
million). ID:nR4N10M027
** Malaysia's IHH Healthcare Bhd IHHH.KL , the world's
second biggest healthcare firm by market value, is buying a 73.4
percent stake in India-based Ravindranath GE Medical Associates
Private Ltd for 819 million ringgit ($195 million).
ID:nL4N1133T8
** Cielo SA CIEL3.SA , Brazil's largest card payment
processor, said on Thursday it was investing 82.7 million reais
($23.3 million) to increase its stake in Multidisplay, the
holding company for M4U, a leading developer of mobile tools for
financial transactions. ID:nL1N1122QG
($1 = 0.65 pounds)
($1 = 66.02 roubles)
($1 = 4.19 ringgit)
($1 = 3.55 Brazilian reais)