(Adds Tata Steel , CK Hutchison, Evonik, CVC)
July 8 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:
** Tata Steel TISC.NS has put the process of selling its
major British assets on hold because of the uncertainty caused
by the Brexit vote and also surrounding pension liabilities and
will now also look at forming a joint venture, the company said.
EU antitrust regulators are expected to approve CK
Hutchison Holdings' 0001.HK plan to merge its Italian mobile
business with that of Vimpelcom VIP.O after they agree to help
Iliad ILD.PA break into the market, two people familiar with
the matter said. Buyout groups Triton, Equistone and an Asian chemicals
company are preparing offers for a former business of Germany's
Evonik EVKn.DE put on the block by its private equity owner,
people close to the deal said. Private equity firm CVC Capital Partners has made a $1.1
billion buyout offer, in cash and shares, to Nirvana Asia Ltd
1438.HK , Asia's largest funeral services firm, betting on
rising ranks of the wealthy in the region increasing demand for
luxury funerals. Video conferencing equipment maker Polycom Inc PLCM.O
said it agreed to be bought by a private equity firm for about
$1.7 billion, scrapping a three-month old deal with Canada's
Mitel Networks Corp MNW.TO . Emerson Electric Co's EMR.N alternator business
Leroy-Somer is expected to attract firm offers from two Chinese
companies and a buyout group in a potential 1 billion euro ($1.1
billion) deal, people close to the matter said. Twitter Inc TWTR.N is in talks with the NBA, Major
League Soccer and Time Warner Inc's TWX.N cable network Turner
Broadcasting to buy digital streaming rights for content related
to major sports and events, Recode reported. German retailer Metro MEOG.DE is buying French food
services company Pro a Pro from Belgian retail and wholesale
group Colruyt COLR.BR , enabling it to expand in Pro a Pro's
home market, it said. Danish telecoms company TDC TDC.CO said it had rejected
a potential takeover approach believed to be from private equity
firm Apollo Global Management APO.N . Chile's banking regulator said on Thursday that it could
decide within "weeks" on whether to give the green light to
Mexican high-end department store chain Liverpool's
LIVEPOLC1.MX planned acquisition of retailer Ripley RIP.SN .
Brazilian billionaire Abilio Diniz, Carrefour's CARR.PA
third-largest shareholder, said he had no plans to increase his
8.05 percent stake in the French retailer, Les Echos reported.
The organizers of the share placement of Russian diamond
producer Alrosa ALRS.MM have recommended that bids be
submitted not below 65 roubles per share, three sources told
Reuters. BNP Paribas BNPP.PA , France's largest listed bank, has
joined Polish state-run lenders PKO BP (LON:BP) PKO.WA , Alior ALRR.WA
and Dutch ING ING.AS in the race for Raiffeisen's RBIV.VI
Polish business, three sources with knowledge of the matter.