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Deals of the day-Mergers and Acquisitions

Published 2015-09-10, 04:03 p/m
© Reuters.  Deals of the day-Mergers and Acquisitions

(Adds Avon, GE, Barclays , 3M, MillerCoors, America Movil)
Sept 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
Thursday.

** Avon Products Inc (NYSE:AVP) AVP.N , which sells cosmetics
door-to-door, is in talks with private equity firms about an
investment through a stake sale in the struggling company, the
Wall Street Journal reported. ID:nL4N11G596

** General Electric (NYSE:GE) Co GE.N said it would seek to sell its
asset management arm, as the U.S. conglomerate continues to make
moves to focus on its industrial products. ID:nL1N11G1VD

** The Irish government plans to sell a 25 percent stake in
Allied Irish Banks ALBK.I after elections next year and should
recover 3-4 billion euros of its bailout funds before taking
account of the share sale, it said. ID:nL5N11G43D

** Barclays BARC.L is in advanced talks to sell its
Italian retail network and a portfolio of Italian mortgages
worth 4 billion euros ($4.46 billion) in two separate auctions,
people familiar with the process said. ID:nL5N11G3AF

** MillerCoors, the U.S. joint venture between SABMiller
SAB.L and Molson Coors Brewing TAP.N , said it was buying a
majority stake in Californian brewer Saint Archer Brewing Co,
adding to its portfolio of craft beers. ID:nL5N11G3VB

** U.S. diversified manufacturer 3M Co MMM.N said it was
exploring a sale or spinoff of its healthcare data and software
business. ID:nL4N11G4MP

** Mexican telecoms giant America Movil AMXL.MX said it
had completed a placement of 750 million euros ($840.15 million)
worth of bonds convertible into shares of Dutch telco KPN
KPN.AS . ID:nL1N11G13R

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** U.S.-based investor the Gores Group has put German car
parts maker Hay up for sale in a potential 400-million-euro
($448 million) deal, several people familiar with the deal said.
ID:nL5N11G16Y

** European Union antitrust regulators will decide by Oct.
14 whether to clear U.S. chipmaker Intel's INTC.O $16.7
billion bid for Altera Corp ALTR.O . ID:nL5N11G1RF

** Daimler DAIGn.DE is in talks with BAIC Motor 1958.HK
about allowing the Chinese partner to take a stake in the German
carmaker although the outcome remains uncertain, Chief Executive
Dieter Zetsche said. ID:nL5N11G2GZ

** German speciality chemicals company Lanxess LXSG.DE is
in talks to put its main synthetic rubber business into a joint
venture with petrochemicals group Ineos INEOSE.UL , four people
familiar with the matter told Reuters. ID:nL5N11G1N8

** Taiwan chip packaging firm Siliconware Precision
Industries Co Ltd (SPIL) 2325.TW urged shareholders to reject
a bid by larger rival Advanced Semiconductor Engineering Inc
(ASE) 2311.TW to buy a stake, saying the at least T$30 billion
($924 million) offer price was too low. ID:nL4N11G37D

** French oil major Total TOTF.PA said it agreed to sell a
majority stake of 50 percent plus one share in Geosel Manosque
to a 50-50 consortium of EDF Invest EDF.PA and Ardian as part
of its $10 billon disposal plan. ID:nFWN11F054

** CEFC China Energy Co, a privately owned energy and
financial services firm, has bought 10 percent of Travel Service
Airlines and plans to eventually increase its stake in the Czech
company to 49.92 percent, ch-aviation reported. ID:nL4N11G1SJ

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** Czech energy group EPH is not currently in talks to buy
Poland-based PKN Orlen's PKN.WA stake in Czech downstream oil
group Unipetrol UNPE.PR , EPH's chairman was quoted as saying.
ID:nL5N11G0CO

** Poland is in talks with a private investor regarding a
new company to be forged from nearly bankrupt Kompania Weglowa,
Europe's largest coal miner, the deputy treasury minister was
quoted as saying. ID:nL5N11G0NQ
($1 = 0.89 euros)
($1 = 32.47 Taiwan dollars)

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