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Deals of the day - Mergers and acquisitions

Published 2016/03/03, 23:06
Deals of the day - Mergers and acquisitions
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(Adds London Stock Exchange , Cellnex )
March 3 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on
Thursday:

** New York Stock Exchange-owner Intercontinental Exchange
Inc's ICE.N potential offer for the London Stock Exchange
LSE.L could include a proposal to spin off the LSE's Italian
business and French clearing arm, a person familiar with the
matter said. Spain's Cellnex CLNX.MC and Italian infrastructure fund
F2i are set to sweeten their bid to buy a 45 percent stake in
telecom tower group INWIT INWT.MI from main shareholder
Telecom Italia TLIT.MI , two sources said. Navistar International Corp NAV.N Chief Executive Troy
Clarke is pushing the door open for potential deals as he fights
to keep the truck maker's turnaround on track amid a U.S. sales
slump. Canada's second-largest pension fund, Caisse de depot et
placement du Quebec CDPDA.UL , on Wednesday purchased a
minority stake in Elior ELIOR.PA and said it would support the
French catering group's growth plans. Germany's Henkel HNKG_p.DE , maker of Schwarzkopf
shampoo and Loctite glue, said it had agreed to buy a range of
haircare brands with a focus in emerging markets and generating
annual sales of close to $100 million from U.S. rival Procter &
Gamble PG.N . Audi VOWG_p.DE Chief Executive Rupert Stadler has ruled
out selling its Italian brands Lamborghini and Ducati to help
offset costs of its emissions test-rigging scandal.
German luxury car makers are in talks with possible partners
for digital mapping company HERE, Audi VOWG_p.DE , Stadler said
on Thursday. French advertising group Publicis PUBP.PA said on
Wednesday its U.S.-based unit Publicis.Sapient had acquired
Vertiba, a consulting company providing services based on
Salesforce.com (NYSE:CRM) CRM.N cloud computing solutions, for an
undisclosed sum. Siemens' SIEGn.DE healthcare unit is interested in
further takeovers, the chief executive of the business, which is
in the process of getting legally separated from the rest of the
company, said. Cetip SA Mercados Organizados CTIP3.SA said on
Wednesday its board had rejected an unsolicited offer from
BM&FBovespa SA BVMF3.SA in the terms proposed, but it
authorized financial advisers to pursue discussions on a
potential better deal. Germany's Freenet FNTGn.DE has agreed to buy
transmission company Media Broadcast Group for about 295 million
euros ($320 million) to expand into internet-based television
activities. Italian newspaper group Il Sole 24 Ore S24.MI denied on
Thursday reports about a possible merger with other media
companies after news that L'Espresso ESPI.MI , which publishes
la Repubblica daily, would combine with Fiat Chrysler's La
Stampa. German chemicals group Evonik EVKn.DE , which has since
2014 raised expectations about takeover deals, remains on the
lookout for larger transactions as asset prices have declined,
its chief executive said. Italy's market watchdog has extended the deadline for
Hitachi's 6501.T mandatory bid for train signalling group
Ansaldo STS STS.MI to March 14 as a spat with activist
shareholders rumbles on. South African coal miner Exxaro Resources EXXJ.J is
considering buying assets from Anglo American AAL.L AGLJ.J ,
its chief executive said on Thursday. State-owned Aviation Industry Corporation of China (AVIC)
is finalizing the 129 billion yuan ($19.71 billion) merger of
its aircraft engine businesses, according to company filings, as
part of an overhaul of the country's state-owned conglomerates.
Samsonite International Sa 1910.HK , the world's biggest
luggage maker, is nearing a deal to buy Tumi Holdings Inc
TUMI.N , the Wall Street Journal reported on Wednesday.
PT Bank Central Asia Tbk BBCA.JK , Indonesia's largest
bank by market value, is considering to acquire two small banks
in the second half of this year, President Director Jahja
Setiaatmadja told reporters on Thursday.

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