Deals of the day-Mergers and acquisitions

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

(Adds Mediaset , Centrais Elétricas Brasileiras, Vodafone , Takarek, UBS)

Nov 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Italian private broadcaster Mediaset MS.MI said it had sold to Sky's Italian unit the whole of R2, a company which includes the maintenance and commercial assets carved out of its pay-TV unit Premium. Brazil's state-controlled power company Centrais Elétricas Brasileiras SA ELET6.SA will hold an auction on Dec. 19 to sell its subsidiary Companhia Energética de Alagoas (CEAL), the company said in a market filing. EU antitrust regulators are likely to launch a full-scale investigation into Vodafone's VOD.L $21.8 billion purchase of Liberty Global's LBTYA.O assets in Germany and eastern Europe, a person familiar with the matter said. Hungarian savings and loans group Takarek will "look at" Budapest Bank if the state-owned lender comes up for privatisation, its Chairman and Chief Executive Jozsef Vida said. China's securities regulator said it has given UBS AG UBSG.S approval to increase its stake in its Chinese brokerage venture to 51 percent, making the Swiss bank the first foreign financial institution to gain control of a Chinese securities firm. Russia's second-largest lender Bank VTB PAO VTBR.MM does not rule out increasing its stake in Russian food retailer Magnit MGNT.MM , TASS news agency quoted VTB First Deputy CEO Yuri Soloviev as saying in an interview. Austria's Raiffeisen Bank International RBIV.VI has enough capital to consider acquisitions and is interested in the Czech Republic, Serbia and other East European markets, its chief executive said. Rovio Entertainment ROVIO.HE , the maker of the "Angry Birds" mobile games and movie, said it had acquired Finnish game studio PlayRaven to expand into mobile strategy games. South Africa's Clover Industries CLRJ.J said other firms have shown interest in buying all its shares, after the dairy firm said in October it was in talks with a potential suitor. Telecoms and cable group Altice Europe ATCA.AS said its French unit had agreed to sell a 49.99 percent stake in its SFR FTTH fibre optic business to three investment funds for 1.8 billion euros ($2.05 billion). Swedish packaging paper and carton producer BillerudKorsnas BILL.ST said it had agreed to buy Bergvik Skog Ost, which owns 350,000 hectares of forest land in Sweden, for around 6.4 billion crowns ($706 million). U.S.-based private equity fund Indigo Partners said it had agreed to invest in low-cost carrier WOW air after Icelandair ICEAIR.IC scrapped plans to buy the privately-held airline. India expects Saudi Arabia to ramp up investments in several sectors including technology, farm and energy over the next couple of years, a senior Indian official said, after a meeting between Saudi Crown Prince Mohammed bin Salman and Prime Minister Narendra Modi. A state-owned Chinese consortium has struck a deal to buy Peru's Chaglla hydroelectric plant from scandal-plagued Brazilian builder Odebrecht SA ODBES.UL for at least $618 million, Peru's Justice Ministry said. Brazil's state-controlled oil company Petroleo Brasileiro SA PETR4.SA is considering divesting up to $15 billion within the next few years, one person with knowledge of the matter said. Brazilian pulp and paper producer Suzano Papel e Celulose SA SUZB3.SA expects to conclude the acquisition of Fibria Celulose SA FIBR3.SA on Jan. 14, both companies said in securities filings.

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