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Deals of the day-Mergers and acquisitions

Published 2017-06-06, 04:01 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Datatec ; updates Valeant, JBS)

June 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** Canadian drugmaker Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO VRX.N is in talks to sell its Bausch & Lomb unit's surgical products business to Germany's Carl Zeiss Meditec AG AFXG.DE , Bloomberg reported. Datatec Ltd DTCJ.J unveiled plans on Tuesday to sell its Westcon-Comstor American operations to Synnex Corp SNX.N , a deal worth up to $800 million that allows the South African IT firm to offload part of a problematic business. British challenger bank Shawbrook Group Plc SHAW.L said it rejected a raised and final 868 million pounds ($1.12 billion)offer from private equity groups trying to take control of the lender. Contract drug manufacturer and research company Albany Molecular Research Inc AMRI.O said it agreed to be taken private by buyout firms Carlyle Group LP CG.O and GTCR LLC for about $922 million in cash. South African information technology firm Datatec Ltd DTCJ.J said it will sell its Westcon-Comstor Americas business to Synnex Corp SNX.N for up to $800 million. Japan's Sumitomo Metal Mining Co 5713.T said it had agreed to take a 27.75-percent interest in a Canadian gold mining project from Toronto-based IAMGOLD Corp IMG.TO for $195 million. Administrators seeking to sell financially troubled Italian airline Alitalia have received 32 expressions of interest, one of them said. JBS SA JBSS3.SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA BEEF3.SA for $300 million, as the world's largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. Malaysia's second-biggest lender, CIMB Group Holdings Bhd CIMB.KL , said it will sell a 50 percent stake in its international brokerage business to China Galaxy Securities 601881.SS for S$167 million ($121 million). Japan's Fujitsu Ltd 6702.T expects to reach an agreement "soon" on integrating its personal computer business with China's Lenovo Group Ltd 0992.HK , Fujitsu President Tatsuya Tanaka said. The European Bank for Reconstruction and Development (EBRD) said it had cut its stake in Georgia's TBC Bank TBCG.L through the sale of 1.9 million, or 30 percent, of its shares. Russia's Finance Ministry has proposed refraining from privatization of VTB VTBR.MM , the country's second-largest lender, because the bank is now under Western sanctions, Russian Finance Minister Anton Siluanov said. Industrial retailer HD Supply Holdings HDS.O said it would sell its waterworks unit to private equity firm Clayton, Dubilier & Rice for $2.5 billion in cash to reduce debt and streamline its operations. An affiliate of private equity firm Warburg Pincus WP.UL will invest up to $300 million in Princeton Growth Ventures which aims to build a global tech, media and telecoms (TMT) infrastructure business. Brazilian mall operator BR Malls Participações SA BRML3.SA denied media reports saying it was negotiating a merger with rival Aliansce Shopping Centers SA ALSC3.SA . Brazilian logistics operator Prumo Logística SA PRML3.SA said it has held preliminary nonbinding talks to buy the rights to build and operate a 1.2 GW thermal plant from Bolognesi Energia SA.

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