April 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Monday:
** Tesco TSCO.L , Britain's biggest retailer, is drawing up
plans for a clearout of loss-making businesses, including
Dobbies Garden Centres, as it focuses on reviving its main
grocery business, Sky News reported on Monday. Chinese aviation and shipping conglomerate HNA Group Co
Ltd HNAIRC.UL has made a 53 Swiss franc per share offer for
Gategroup GATE.S which is unanimously supported by the Swiss
airline caterer's board, the two companies said on Monday.
India's Tata Steel TISC.NS is due on Monday to begin
the formal sale process for its loss-making British units which
employ 15,000 people, a source close to the company said.
Spain's second-biggest bank BBVA BBVA.MC , which has a
majority stake in Turkey's Garanti, is looking to buy another
bank in the country, Hurriyet newspaper reported on Monday,
citing BBVA's chief executive Carlos Torres Vila. Britain's Daily Mail is in talks with potential partners
to mount a joint bid for Yahoo's YHOO.O internet assets,
eyeing a plan to buy the troubled U.S. Internet pioneer to help
boost advertising revenues from the Mail's globally popular
online news site. Qatar National Bank QNBK.QA (QNB) has received the
approval of Qatar's central bank and Turkey's Banking Regulation
and Supervision Agency to acquire Turkey's Finansbank
FINBN.IS , the Gulf Arab region's largest lender said on
Sunday. Chinese conglomerate Fosun Group said it has agreed to
buy Dead Sea cosmetics manufacturer Ahava for 290 million
shekels ($77 million), a deal that will help it to tap
increasing demand for health-focused and personal care products
in China. Telecom tower operator Crown Castle International (NYSE:CCI) Corp
CCI.N said on Friday it bought Berkshire Partners-owned Tower
Development Corp for $461 million in cash. BM&FBovespa SA, Latin America's largest financial bourse,
took over rival Cetip SA Mercados Organizados in a transaction
valued at almost 12 billion reais ($3.3 billion), creating a
giant with growing presence in regional financial markets
spanning from Mexico to Chile. A group of shareholders group in Pacific Exploration &
Production Corp PRE.TO has asked Colombia's markets regulator
to block a possible buyout deal by private-equity fund Catalyst
Capital Group Inc, The Wall Street Journal reported on Friday.