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Deals of the day- Mergers and acquisitions

Published 2015-10-15, 04:06 p/m
© Reuters.  Deals of the day- Mergers and acquisitions

(Adds Bank of Nova Scotia)
Oct 15 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Thursday:

** China's three main telecom operators China Unicom (Hong
Kong) Ltd 0762.HK , China Telecom Corp Ltd 0728.HK and China
Mobile Ltd 0941.HK have agreed to consolidate towers and
related assets worth 213.9 billion yuan ($33.71 billion) into a
jointly owned firm as the carriers aim to centralize operations
and reduce duplication of telecoms infrastructure on the
mainland. urn:newsml:reuters.com:*:nL3N12F198

** Bristol-Myers Squibb Co BMY.N said it agreed to
exclusively license and collaborate with Five Prime Therapeutics
Inc FPRX.O to develop and commercialize Five Prime's antibody
program in the treatment of cancer. urn:newsml:reuters.com:*:nL3N12F3D4

** Spanish oil major Repsol REP.MC said it would sell
assets worth 6.2 billion euros ($7.1 billion) and cut its
exploration and production investments by around 40 percent by
2020 to pay back debt and ensure its dividend. urn:newsml:reuters.com:*:nL8N12F0S4

** Bank of Nova Scotia BNS.TO said it would buy JPMorgan (N:JPM) &
Chase Co's JPM.N Canadian credit card portfolio associated
with Sears Canada Inc SCC.TO , a month ahead of the expiry of
the servicing agreement by the U.S. bank. urn:newsml:reuters.com:*:nL3N12F5CP

** China Construction Bank (CCB) 601939.SS is in talks to
buy UK firm Metdist Trading Ltd, which would give China's
second-largest lender by assets access to top-tier trading on
the London Metal Exchange, two metal industry sources said.
urn:newsml:reuters.com:*:nL8N12F37F

** Canadian auto parts maker Linamar Corp LNR.TO said it
would buy France's Montupet MNTP.PA for 771 million euros
($915 million) in a deal that would boost its exposure to
manufacturers such as Volkswagen (DE:VOWG) VOWG_p.DE and Peugeot
PEUP.PA . urn:newsml:reuters.com:*:nL8N12F3LW

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** Kerry KYGa.I has agreed to spend $735 million to buy
three U.S. firms to boost its flavoring, beverage and health
product lines, adding around $300 million in annual revenue, the
Irish food company said. urn:newsml:reuters.com:*:nL8N12F3CW

** Britain's biggest retailer Tesco TSCO.L has agreed the
sale of 14 development sites to a fund and clients advised by
the real estate investment manager Meyer Bergman for 250 million
pounds ($386.8 million) as part of its property retrenchment.
urn:newsml:reuters.com:*:nFWN12E037

** French seed group Vilmorin VILM.PA and German peer KWS
SAAT KWSG.DE said they had signed a long-term licensing
agreements with Syngenta SYNN.VX to use the Swiss chemical
group's genetically modified (GMO) corn traits. urn:newsml:reuters.com:*:nL8N12F1G0

** Shareholders in Polish coal miner Bogdanka LWBP.WA
signaled their willingness to allow a takeover of the company by
power group Enea ENAE.WA by rejecting a plan to limit new
shareholders' rights. urn:newsml:reuters.com:*:nL8N12F32X

** Japan's third largest convenience store operator
FamilyMart Co 8028.T is buying out smaller rival UNY Group
Holdings Co 8270.T through a share swap deal worth $1.4
billion that would create Japan's second-biggest convenience
store operator by sales after Seven & I Holdings Co 3382.T .
urn:newsml:reuters.com:*:nL3N12F2NB

** Chinese asphalt producer Jiangsu Baoli International
Investment Co 300135.SZ said it had signed a $300 million
initial deal with Russian Helicopters to jointly sell 100
helicopters in China for civilian use over the next 10 years.
urn:newsml:reuters.com:*:nL3N12F26L

** Hungarian filmmaker and entrepreneur Andrew G. Vajna, a
close associate of Prime Minister Viktor Orban, has agreed to
buy the country's second-largest television company TV2 Group,
TV2 said in a statement on its website. urn:newsml:reuters.com:*:nL8N12F2LM

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** German vacuum pump maker Busch-Holding GmbH has hiked its
stake in rival Pfeiffer Vacuum PV.DE to 27.2 percent from 15
percent, Pfeiffer said in a regulatory statement. urn:newsml:reuters.com:*:nFWN12E04C

** Danish hearing aid and headset producer GN Store Nord
GN.CO has struck a deal with Australia-based Cochlear Ltd
COH.AX to develop so-called bimodal hearing solutions, GN said
in a statement. urn:newsml:reuters.com:*:nL8N12F0KD

** An Australian regulator raised antitrust concerns over a
planned $6.5 billion takeover by Canada's Brookfield Asset
Management BAMa.TO of freight firm Asciano Ltd AIO.AX ,
potentially jeopardizing the country's biggest inbound deal in
four years. urn:newsml:reuters.com:*:nL3N12F06O

** Swiss telecommunications provider Swisscom SCMN.VX said
the Swiss Competition Commission (ComCo) had approved its plans
to launch a joint online marketplace with retail group Coop.
urn:newsml:reuters.com:*:nFWN12E03P


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