Deals of the day-Mergers and acquisitions

  • Reuters
  • Commodities News
Deals of the day-Mergers and acquisitions

(Adds Panalpina, Liberty Global, A10 Networks; Updates UTC)

Nov 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Swiss logistics group Kuehne & Nagel KNIN.S is ready to talk with Panalpina PWTN.S about a potential takeover of its smaller rival, Chief Executive Detlef Trefzger told Swiss newspaper Finanz & Wirtschaft. The Belgian competition agency will examine U.S. cable company Liberty Global's LBTYA.O bid for publisher De Vijver Media because of the potential impact of the deal on the local market, the European Commission said. A10 Networks Inc ATEN.N , a U.S. technology company whose software and hardware help keep networks and data centers secure, is exploring options that include a potential sale of the company, people familiar with the matter said. United Technologies Corp (NYSE: UTX ) UTX.N received Chinese regulatory approval for its $30 billion purchase of aircraft parts maker Rockwell Collins Inc (NYSE: COL ) COL.N , clearing the final hurdle to complete the largest aerospace deal in history. Brazilian development bank BNDES has pushed back the auction of a unit of Centrais Elétricas Brasileiras SA ELET6.SA , originally scheduled for next week, to Dec. 10, the state-controlled power company said in a securities filing. RCS Mediagroup RCSM.MI contested the sale of real estate assets to Blackstone (NYSE: BX ) Group LP BX.N because it believes the U.S. private equity fund paid too little for them in 2013, a source at the Italian media group said. Chinese conglomerate HNA Group HNAIRC.UL has turned to state-owned China Cinda Asset Management Co 1359.HK , among the country's largest bad debt managers, for advice on asset disposals, people with knowledge of the matter told Reuters. Norwegian consumer goods retailer Orkla ASA ORK.OL offered to buy the owner of Finland's largest chain for pizza restaurants, Kotipizza Group PIZZA.HE , for 146.1 million euros ($166.63 million), the two companies said. British shopping centre owner Intu Properties PLC INTUP.L said that it had again extended the deadline for a consortium led by Deputy Chairman John Whittaker to make a formal offer for the company. French energy group Total SA TOTF.PA has agreed to buy some businesses of Brazil's Grupo Zema to expand in the biofuels sector. China's Shanghai RAAS Blood Products Co Ltd 002252.SZ is in talks to combine with a U.S. subsidiary of Spanish blood products company Grifols GRLS.MC, the two companies said. Bailed-out bank Dexia SA DEXI.BR has received final bids for its German unit Dexia Kommunalbank as the Franco-Belgian lender disposes of more of its assets, people close to the matter said. South Africa's Capitec Bank Holdings Ltd CPIJ.J said its 3.2 billion rand ($232 million) offer to buy Mercantile Bank had been accepted, paving the way for the Stellenbosch-based lender to expand into business banking. Flybe Group Plc FLYB.L is in talks for a possible sale to Virgin Atlantic Airways Ltd, the British regional airline said, as it grapples with falling demand, higher fuel costs and a weak British pound. Owners of Turkish paint manufacturer Betek Boya are looking to sell up to 100 percent of the company and have mandated financial services firm Unlu & Co to advise on a potential transaction, two people familiar with the matter said.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or