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Deals of the day- Mergers and acquisitions

Published 2015-10-09, 04:14 p/m
© Reuters.  Deals of the day- Mergers and acquisitions

(Adds SolarWinds, Macy, SABMiller, M&T Bank (NYSE:MTB), Soriana, NMC
Health; Updates Intel)
Oct 9 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:

** Brewer SABMiller Plc SAB.L announced an expanded
cost-cutting plan on Friday, stepping up its defence against an
unsolicited $100 billion takeover offer from bigger rival
Anheuser-Busch InBev ABI.BR . urn:newsml:reuters.com:*:nL3N1292PE

** Vonovia VNAn.DE is talking to shareholders about merger
options in the German real estate market, sources said, after
Deutsche Wohnen DWNG.DE offered to buy peer LEG Immobilien
LEGn.DE in a 4.6 billion euros ($5.2 billion) all-share deal.
urn:newsml:reuters.com:*:nL8N1291O9

** New York's banking regulator on Friday said he had
approved M&T Bank Corp's MTB.N acquisition of Hudson City
Bancorp Inc HCBK.O , paving the way for the merger to be
completed on Nov. 1. M&T, based in Buffalo, New York, agreed to
buy Paramus, New Jersey-based Hudson City for $3.7 billion in
2012. urn:newsml:reuters.com:*:nL1N12917M

** SolarWinds Inc SWI.N , a U.S. provider of information
technology management software to businesses, said on Friday
that it was exploring strategic alternatives after Reuters
reported the company was in talks to sell itself. SolarWinds has
a market capitalization of close to $3.5 billion. urn:newsml:reuters.com:*:nL1N1290XE

** Mexico's competition regulator, Cofece, said on Friday
that supermarket chain Soriana cannot buy 27 of the stores it
planned to take over from rival Comercial Mexicana's operations.
Soriana SORIANAB.MX , Mexico's No. 2 supermarket, agreed in
January to buy 160 stores from Comercial Mexicana COMEUBC.MX
for 39.19 billion pesos ($2.38 billion). urn:newsml:reuters.com:*:nL8N1293UJ
urn:newsml:reuters.com:*:nL1N12904B

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** Macy's Inc M.N , under pressure from activist investors
to spin off its prized real estate assets, said it sold four
floors of its downtown Seattle store to private investment firm
Starwood Capital Group for $65 million. urn:newsml:reuters.com:*:nL3N1294IU

** The investment arm of Israeli gas firm Delek Group
DLEKG.TA has acquired a near 20 percent stake in North-Sea
focused oil producer Ithaca Energy IAE.TO for $66 million, the
companies said. urn:newsml:reuters.com:*:nL8N1291KU

** Qatar National Bank QNBK.QA , Turkey's Garanti Bank
GARAN.IS and Fibabanka are interested in an anticipated sale
by National Bank of Greece NBGr.AT of a stake in its Turkish
unit Finansbank FINBN.IS , sources close to the matter told
Reuters. urn:newsml:reuters.com:*:nL8N1282LC

** Swiss drugmaker Roche Holding AG ROG.VX will acquire
U.S. biotech group Adheron Therapeutics in a deal worth up to
$580 million that boosts its pipeline of products to treat
diseases such as rheumatoid arthritis. urn:newsml:reuters.com:*:nL8N1292HH

** World No. 1 chipmaker Intel Corp INTC.O will be given
the go-ahead from the EU for its $16.7 billion bid for Altera
Corp ALTR.O , its largest ever deal, two people familiar with
the matter said on Friday. urn:newsml:reuters.com:*:nL8N1292T0

** Latin American mobile service provider NII Holdings Inc
NIHD.O is planning to explore strategic alternatives for its
Brazilian unit, which operates under the Nextel brand, according
to people familiar with the matter. urn:newsml:reuters.com:*:nL1N1282Y6

** A unit of conglomerate China Resources Corp plans to sell
minority stakes it holds in 21 Wal-Mart Stores Inc (NYSE:WMT) WMT.N
outlets around China for 3.3 billion yuan ($525 million), a
spokesman for the U.S. retailer told Reuters.

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** The London Metal Exchange has made an informal approach
to the Baltic Exchange to acquire the entire business, two
sources familiar with the matter told Reuters. urn:newsml:reuters.com:*:nL5N1203I1

** The promoters of DLF Ltd DLF.NS , India's biggest listed
property developer, will sell their 40 percent stake in the
company's rental business to institutional investors.
urn:newsml:reuters.com:*:nL3N1291KM

** Norway's Norsk Hydro NHY.OL has signed an agreement
with Brazilian mining company Vale VALE5.SA for the possible
acquisition of Vale's 40 percent interest in Brazilian bauxite
producer Mineracao Rio do Norte. urn:newsml:reuters.com:*:nL8N1290B7

** Britain's government said it had sold off another 1
percent of its stake in Lloyds Banking Group LLOY.L , trimming
its total interest in the bailed-out lender to below 11 percent.
urn:newsml:reuters.com:*:nL8N1290HP

** Danish freight firm DSV DSV.CO said it had signed an
agreement to buy U.S.-based rival UTi Worldwide UTIW.O for
$1.35 billion. urn:newsml:reuters.com:*:nFWN128057

** Bookmaker Ladbrokes Plc LAD.L said it had signed a 1.35
billion pound ($2.07 billion) facility with banks to fund its
proposed merger with Gala Coral. urn:newsml:reuters.com:*:nL3N12928T

** Telecom Italia's TLIT.MI board meeting will discuss
next week giving a mandate to its management to reopen
negotiations about its role in broadband company Metroweb, two
sources familiar with the matter said. urn:newsml:reuters.com:*:nI6N12603M

** Indebted Italian house linen maker Zucchi ZUCI.MI has
accepted a binding offer from French investment firm Astrance
Capital as it seeks to raise fresh cash and seal a debt
restructuring accord with creditors. urn:newsml:reuters.com:*:nI6N12603L

** Indonesian investment firm PT Saratoga Investama Sedaya
Tbk SRTG.JK said it had signed an agreement with conglomerate
PT Rajawali Corpora to terminate a deal to buy a stake in taxi
operator PT Express Transindo Utama Tbk TAXI.JK , citing
volatile market conditions. urn:newsml:reuters.com:*:nJ9N109025

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** The Czech anti-monopoly office has approved
Raiffeisenbank's RBIV.VI acquisition of Citibank's C.N
retail banking and credit card businesses in the Czech Republic.
urn:newsml:reuters.com:*:nL8N12914M

** NMC Health NMC.L , the United Arab Emirates-based
healthcare provider, said on Friday it had made an informal cash
and share offer to buy rival Al Noor Hospitals Group, sparking a
race with South Africa's Mediclinic International Ltd MDCJ.J .
Al Noor confirmed it had received an offer from NMC in a
separate statement to the bourse, without disclosing details.
urn:newsml:reuters.com:*:nL8N1293MQ

($1 = 16.4709 Mexican pesos)

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