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UPDATE 3-Deals of the day -- mergers and acquisitions

Sat Sep 15, 2007 1:38am IST
 
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(Adds Tata Investment, Liquidity, Wegener and Eugene Perma)

Sept 14 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday. (For Reuters columns on deals, click on [DEALTALK])

** Investment bank Morgan Stanley (MS.N: Quote, Profile, Research) has threatened to pull its debt financing from the leveraged buyout of Reddy Ice (FRZ.N: Quote, Profile, Research), according to a regulatory filing, amid a fight with the buyer over deal terms.

To read more, please double click on [nN13418610]

** Russia's top cellular operator Mobile TeleSystems (MTS) (MBT.N: Quote, Profile, Research) said it had agreed to buy 80 percent in Armenia's K-Telecom, which operates under the Vivacell brand, for 310 million euros ($430 million). [nWLB1949]

** Dutch staffing company Randstad NV (RAND.AS: Quote, Profile, Research) said it has agreed to buy German jobs firm Team BS for about 71 million euros ($98.7 million), which will have a small positive impact on 2007 earnings per share. [nWEB7557]

** Northeastern Italian utility Acegas (AEG.MI: Quote, Profile, Research) has sold 49 percent of its Estenergy unit to peer Ascopiave ASC.MI, Acegas said. The deal gives Estenergy an enterprise value of 86 million euros ($119.6 million), it said in a statement. [nL1476991]

** Hedge fund Harbinger Capital Partners, which launched a $31 per share unsolicited tender offer for Oglebay Norton Co OGBY.PK in August, said it could immediately enter into a definitive agreement to buy the mining company. [nBNG43012]

** Insurance brokerage Hilb Rogal & Hobbs Co HRH.N said it agreed to buy Bank of America's (BAC.N: Quote, Profile, Research) corporate insurance business to increase its presence in the northeastern United States. [nN13406912]  Continued...

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