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Deals of the day-Mergers and acquisitions

Published 2015-10-08, 04:00 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Gunvor, Millennium bcp; updates Dell, SABMiller, Talen
Energy, PZU )
Oct 8 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Thursday:

** Dell Inc is in talks with banks to fund a takeover of
data storage company EMC Corp (NYSE:EMC) EMC.N , sources familiar with the
matter said, as the world's No.3 PC maker looks to beef up its
cloud-based offerings for corporate customers. The potential
acquisition of EMC, which has a market capitalization of $52
billion, would be the largest technology sector deal on record.
urn:newsml:reuters.com:*:nL1N1281RZ

** Blackstone (NYSE:BX) Group LP BX.N agreed to buy BioMed Realty
Trust Inc BMR.N , a supplier of office space to healthcare
companies, in a deal valued at $8 billion, adding to the private
equity firm's huge real estate portfolio. urn:newsml:reuters.com:*:nL3N1282RW

** Polish insurer PZU PZU.WA suspended talks with General
Electric (GE) GE.N over the purchase of GE's Polish unit Bank
BPH BPHP.WA , PZU said on Thursday, confirming an earlier
Reuters report. urn:newsml:reuters.com:*:nL8N1282HX

** Power producer Talen Energy Corp TLN.N said it would
sell three plants in Pennsylvania for $1.51 billion to meet
regulatory requirements related to its formation in 2014, and
would announce more divestitures before the end of the quarter.
urn:newsml:reuters.com:*:nL3N128300

** Encana Corp ECA.TO ECA.N said it would sell its
Denver Julesburg basin assets in Colorado for $900 million, the
latest divestitures by the Canadian oil and gas producer as it
focuses on its high-value gas liquids and oil properties.
urn:newsml:reuters.com:*:nL3N1282YA

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** Russian oil industry services company Eurasia Drilling
EDCLq.L said it had received an offer from its managers and
certain shareholders to take the company private, after an
investment deal with U.S. group Schlumberger NV (NYSE:SLB) SLB.N fell
through. urn:newsml:reuters.com:*:nL8N1281RT

** Anheuser-Busch InBev ABI.BR Chief Executive Carlos
Brito repeated his appeal to SABMiller SAB.L shareholders on
Thursday, urging them to push the brewer's board into more
serious takeover discussions. urn:newsml:reuters.com:*:nL8N1281N0

** Gannett Co Inc (NYSE:TGNA) GCI.N , publisher of USA Today, said on
Wednesday it will buy Journal Media Group Inc JMG.N for $280
million. urn:newsml:reuters.com:*:nL3N12800W

** Sony Corp 6758.T is proceeding with a plan to sell its
half of Sony/ATV Music Publishing, the world's largest music
publisher, the Wall Street Journal reported. urn:newsml:reuters.com:*:nL3N1274OB

** China's Meituan.com and Dianping Holdings, the country's
biggest online-to-offline (O2O) service providers, said they are
merging, marking the latest multi-billion-dollar consolidation
in the country's booming Internet sector. urn:newsml:reuters.com:*:nL3N1281IA

** A $22 million deal between Alcoa Inc (NYSE:AA) AA.N and Patriot
Coal Corp PATAQ.PK has been abandoned as the coal company
seeks to finalize its bankruptcy plan, which U.S. Democratic
presidential candidate Hillary Clinton criticized last week as
"outrageous." urn:newsml:reuters.com:*:nL1N1272E6

** Australian state pension fund QIC Ltd said it will buy a
local gas storage facility from Hong Kong energy firm CLP
Holdings Ltd 0002.HK for A$1.8 billion ($1.3 billion),
underscoring strong demand for regulated power assets amid
faltering global markets. urn:newsml:reuters.com:*:nL3N1280AQ

** Top Australian investment bank Macquarie Group MQG.AX
said it has agreed to buy ANZ Banking Group's ANZ.AX dealer
finance portfolio for A$8.2 billion ($5.91 billion).
urn:newsml:reuters.com:*:nL3N12804Z

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** Li Ka-shing's Cheung Kong Infrastructure Holdings Ltd
1038.HK (CKI) has sweetened an $11.6 billion offer to buy the
61 percent of Power Assets Holdings Ltd 0006.HK it doesn't
already own in a rare concession by the Asian tycoon to
independent investors unconvinced by his original plan.
urn:newsml:reuters.com:*:nL3N128076

** Orascom Telecom Media and Technology OTMT.CA and Act
Financial are seeking to acquire 100 percent of Egypt-based
financial services company Beltone Financial BTFH.CA , Orascom
Telecom said. urn:newsml:reuters.com:*:nL8N128177

** Swiss-based trading house Gunvor closed in on the
purchase of its third European refinery, saying negotiations to
buy a Dutch plant from Kuwait Petroleum International (KPI) are
in their final stage. The value of the deal was not disclosed.
urn:newsml:reuters.com:*:nL8N128316

** Portugal's largest listed bank, Millennium bcp BCP.LS ,
has agreed to merge its Angolan subsidiary Banco Millennium
Angola with the African country's privately-held Banco
Atlantico, which will help improve its solvency ratios.
urn:newsml:reuters.com:*:nP4N0XE01G

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