Deals of the day-Mergers and acquisitions

  • Reuters
  • Stock Market News
Deals of the day-Mergers and acquisitions
Credit: © Reuters.

(Adds Oro Blanco , Verizon, Accelya, Lonza Group, BlackRock, Areva , Banco Popular; Updates Heineken , Twenty-First Century Fox)

Dec 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** Chilean holding company Oro Blanco ORO.SN said on Thursday it had decided not to go ahead with the sale of an indirect stake in lithium and fertilizer firm SQM SQM.N SQMa.SN SQM_pb.SN after no suitable offers were received.

Verizon Communications Inc (NYSE: VZ ) VZ.N is looking at ways to modify its $4.8 billion deal to buy Yahoo Inc 's YHOO.O core internet business after the technology company disclosed a second massive data breach, sources told Reuters on Thursday. Banks are lining up a leveraged loan of around $300 million to back a potential sale of European airline services firm Accelya, banking sources said on Thursday.

Swiss pharmaceutical supplier Lonza Group AG LONN.S on Thursday announced a deal to buy Capsugel, a U.S. maker of capsules and other drug delivery systems, from KKR & Co LP KKR.N for $5.5 billion in cash to broaden its product range.

BlackRock Inc (NYSE: BLK ) BLK.N plans to lead the next funding round for the startup iCapital Network, which gives individual investors access to private equity funds, hedge funds, and other alternative investments, the two companies said on Thursday. Third-party investors have made a firm 500 million euro ($519 million) offer for a combined 10 percent stake in a new nuclear fuel group that will be split off from Areva AREVA.PA , Areva's Chief Executive Philippe Knoche said on Thursday.

Banco Popular's POP.MC incoming chairman does not have a mandate to sell the bank, its CEO said on Thursday after reports that outgoing Angel Ron's replacement considered a merger as the solution to the Spanish lender's financial woes amid calls for more sector consolidation. Heineken NV HEIN.AS and investment partner Patron Capital have struck a 403 million pound ($500 million) deal to buy and break up Punch Taverns PUB.L , in a move that would make the Dutch brewer Britain's third-biggest pubs group. Rupert Murdoch's Twenty-First Century Fox FOXA.O has struck a $14.6 billion deal to buy European pay-TV firm Sky SKYB.L that unites a media empire across two continents and helps it take on rivals like Netflix NFLX.O in the battle for viewers.

Anheuser-Busch InBev ABI.BR will sell its stake in South Africa's Distell Group DSTJ.J to state-owned pension fund Public Investment Corp, the company said, as agreed during its takeover of SABMiller (LON: SAB ). General Electric (NYSE: GE ) Co GE.N said on Wednesday it would sell its $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.

Swiss pharmaceutical manufacturer Lonza Group AG said it LONN.S will buy Capsugel, a U.S. maker of capsule products and other drug delivery systems, for $5.5 billion in cash, in the Swiss pharma company's biggest deal. Spain's Grifols GRLS.MC , which said late on Wednesday it would buy U.S. medical device maker Hologic Inc 's HOLX.O side of their joint venture blood screening business for $1.85 billion, expects to refinance its debt once the deal is completed, its chief financing officer said on Thursday. Japan's Fujifilm Holdings Corp 4901.T said it would buy Takeda Pharmaceutical's 4502.T 71 percent stake in Wako Pure Chemical Industries for 154.7 billion yen ($1.32 billion) in a bid to expand its healthcare business. Lufthansa LHAG.DE said it is fully taking over Brussels Airlines, with plans to integrate the Belgian carrier's short-haul routes into the Eurowings budget unit. Royal Dutch Shell RDSa.l and Varo Energy are in advanced talks on the sale of Shell's 37.5 percent stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said. Savanna Energy Services Corp SVY.TO said it had received interest from other potential bidders after fellow oilfield services provider Total Energy Services Inc TOT.TO went hostile with its offer to buy the company. French utility EDF's EDF.PA board has approved the partial sale of RTE, the company's high-voltage power grid unit, to state bank Caisse des Depots, the companies said in a statement. Britain's competition watchdog raised objections against UK airport services and logistics group John Menzies ' MNZS.L acquisition of some of peer BBA Aviation's BBA.L operations, saying the deal could lessen competition in the market. RPC Group Plc RPC.L said it would buy privately held European storage solutions company ESE World B.V. for about 262.5 million euro ($274.84 million) as the British packaging company continues its acquisition streak. German carmaker Volkswagen (DE: VOWG_p ) VWOG_p.DE has taken a stake in Hubject, which is developing a standard method to map and pay at electric charging stations, joining fellow carmakers, utilities and engineering groups that prepare for an expected e-car boom. Telecom Italia TLIT.MI is playing no role in a stand-off between French group Vivendi VIV.PA and Italian broadcaster Mediaset MS.MI , the phone group's Chairman Giuseppe Recchi said, after Vivendi said it had acquired a 20 percent stake in Mediaset. U.S. agricultural products trader Bunge BG.N moved to increase its presence in Turkey with the acquisition of olive oil and seed oil producer Ana Gida Ihtiyac Maddeleri ve Sanayi Ticaret. Oil and gas producer Diamondback Energy Inc FANG.O said on Wednesday it would pay $2.43 billion to buy acreage in Texas' Permian Basin, adding to a string of deals in the prolific shale field. Gulfport Energy Corp GPOR.O said it would buy acreage in Oklahoma's SCOOP region from a privately held company for $1.85 billion. Hungarian oil and gas group MOL MOLB.BU said it has signed a deal to buy a 51 percent controlling stake in pipeline construction and energy industry services group OT Industries. Finnish telecom network equipment maker Nokia NOKIA.HE said it was planning to acquire Deepfield, a small IP network analytics company based in the United States. The request for more information from U.S. regulators over German car parts maker Knorr Bremse's STELLG.UL planned takeover of Sweden's Haldex HLDX.ST means the process will likely will be extended several months, Haldex acting chairman said on Thursday. German internet service provider United Internet UTDI.DE has agreed to buy web hosting business Strato from Deutsche Telekom DTEGn.DE for around 600 million euros ($629 million) in cash, as the sector continues to consolidate. Belgian industrial equipment supplier TVH Group NV raised its offer for UK's Lavendon Group Plc LVD.L to 391 million pounds ($487.46 million) in an attempt to outbid European industrial equipment supplier Loxam SAS LOXAM.UL . Online food delivery company Just Eat JE.L has agreed to buy rivals hungryhouse in Britain and SkipTheDishes in Canada, spending more than $300 million to strengthen its leading position in both markets. German carmakers Daimler DAIGn.DE and BMW BMWG.DE aim to combine their car-sharing services Car2Go and DriveNow to better compete with U.S.-based ride-hailing service Uber UBER.UL , German monthly Manager Magazin reported, citing sources. German industrial robot maker Kuka KU2Gn.DE has sold its Systems US-Aerospace-Business to Advanced Integration Technology to satisfy demands from U.S. regulators in connection with a takeover by a Chinese buyer, it said. Japanese e-commerce company Rakuten has made a 10 million euro ($10.4 million) investment in Kreditech, a German financial technology startup that uses big data technology to assess the creditworthiness of potential borrowers with little or no conventional credit history. Norwegian oil company Statoil ASA STL.OL has agreed to sell its Canadian oil sands assets to Calgary-based Athabasca Oil Corp ATH.TO in a deal worth up to C$832 million, Statoil said in a statement on Wednesday. Australia's No. 1 casino company Crown Resorts Ltd CWN.AX is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray. The company scrapped plans to build a casino in Nevada's famed strip, said it would sell half its stake in Macau-focused Melco Crown Entertainment Ltd MPEL.O and canceled plans to spin off its international assets. Swedish food retailer Axfood AXFO.ST said it had made a 554 million crown ($59.6 million) cash offer for Matse MATSE.ST , owner of online grocery store, as it adapts to shopping moving increasingly online. Mondelez International Inc MDLZ.O has not heard from Kraft Heinz Co KHC.O about any potential acquisition, people familiar with the matter said on Wednesday, after Swiss magazine Bilanz reported that the latter was planning a bid.

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