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Deals of the day-Mergers and acquisitions

Published 2016-07-06, 09:40 a/m
Updated 2016-07-06, 09:40 a/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Hualing Group; Updates Melrose )
July 6 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1330 GMT on Wednesday:

** Netmarble Games, South Korea's top mobile game company,
has submitted an initial bid for a controlling stake in
Israel-based mobile casino game developer Playtika seen worth
4-5 trillion won ($3.4-$4.3 billion), Korea Economic Daily
reported on Wednesday. Auckland-based Sky Network Television Ltd SKT.NZ said
on Wednesday its shareholders voted almost unanimously in favour
of a plan to acquire Vodafone PLC's VOD.L New Zealand unit for
NZ$3.44 billion ($2.45 billion). Melrose Industries MRON.L has agreed to buy Nortek
NTK.O in a deal worth $2.81 billion that will allow it to
halve the U.S. ventilation products maker's debt and free up
cash to take advantage of a strong construction market.
Mexican high-end department store chain Liverpool
LIVEPOLC1.MX on Tuesday said it had reached an agreement to
acquire Chilean retailer Ripley RIP.SN in a deal that values
the target at 813 billion Chilean pesos ($1.2 billion).
Canadian mining company Centerra Gold CG.TO agreed on
Tuesday to buy U.S.-based miner Thompson Creek Metals TCM.TO
for around $1.1 billion in shares and cash, including paying off
nearly $900 million of debt, to expand its operations in North
America. U.S. cancer drug company Medivation Inc MDVN.O said on
Tuesday it had agreed to provide confidential information to
French pharmaceutical company Sanofi SA SASY.PA as part of
exploring a sale that would be open to other bidders.
China Vanke Co Ltd's 2202.HK largest shareholder has
nudged up its stake after a setback in its efforts to oust the
property developer's board, fanning speculation of a rare
hostile takeover bid for a mainland Chinese company.
Russia-focused fertiliser producer Eurochem has acquired
50 percent stake plus one share in Fertilizantes Tocantins, a
fertiliser distribution company in Brazil, it said on Wednesday.
Chinese conglomerate Hualing Group plans to expand in
Georgia's banking sector by purchasing Societe Generale's
SOGN.PA controlling stake in Bank Republic, one of the largest
lenders in ex-Soviet country, Hualing said on Wednesday.

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