(Adds Lone Star, Petrobras, Sovcomflot, National Bank, Renault,
MediaNews Group, Unlu, Charlemagne Capital, Anthem, National
Grid; updates Airbus, Woolworths)
Sept 30 The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
** Lone Star, Christofferson Robb & Co (CRC) and other
specialized investors have presented non-binding offers to buy a
platform that will manage part of Monte dei Paschi di Siena's
bad loans, three sources close to the matter said. The
Tuscan bank is selling its 27.7 billion euro ($31 billion)
portfolio of loans to insolvent borrowers.
** Australian supermarket giant Woolworths Ltd said
it is considering offers to buy its petrol station chain in a
deal said to be worth more than $1 billion, extending an asset
sell-off as it shores up its core grocery business.
** Airbus Group said it would merge with its
planemaking unit, strip out bureaucracy and simplify its brand,
marking a break with its complex corporate roots as it prepares
for tougher expected competition.
** Brazil may let state-led oil company Petrobras
sell stakes in offshore oil blocks, known as transfer of rights
areas, to help finance their development, a move that will
require a change in the law, an energy ministry official said.
** South Korea's SK Networks Co Ltd said in a
regulatory filing it has agreed on a deal to buy Tongyang Magic,
a kitchen appliance maker and water purifier rental firm, for
619 billion won ($563 million).
** The privatization of a 25 percent stake in Russian state
shipping firm Sovcomflot may be equally split between existing
and new shares, two sources close to the deal told Reuters. The
Russian economy ministry has previously said it wanted to raise
24 billion roubles ($380 million) from the sale of the
** Greece's National Bank has completed the sale
of 11 funds managed by its private equity arm to funds managed
by Deutsche Bank Private Equity and Goldman Sachs Asset
Management for 288 million euros ($323.37 million), National
** France's AXA and Germany's Allianz SE
have advanced to the second stage of bidding for a Standard
Chartered deal that would enable the sale of general
insurance products through the bank's Asian branches, people
familiar with the matter said. The deal size is seen at around
** Activist hedge fund Elliott Management said it bought 8.1
percent stake in Mentor Graphics Corp, calling on the
company to increase shareholder value and pursue "strategic
** Renault said it had signed a deal to enter into
a new joint venture in Iran that would allow it to strengthen
its presence in the country after most trade sanctions were
lifted earlier this year.
** MediaNews Group Inc, one of the largest U.S. newspaper
companies, said it plans to nominate seven directors to replace
the board of Monster Worldwide Inc, stepping up a battle
against the proposed sale of the online jobs site.
** Turkish investment bank Unlu & Co aims to complete the
acquisition of an Iranian brokerage in the next six months and
become the first Turkish financial services firm to operate in
Iran since the easing of sanctions, its chairman said.
** Canadian asset manager Fiera Capital announced
it has bought London-based Charlemagne Capital for 40.7
million pounds ($52.8 million) and said it is in talks with
several other targets.
** Online trading company IG Group Holdings Plc said
it had agreed to buy news and research portal DailyFX and its
associated assets from U.S. retail broker FXCM Inc for
** The judge who will rule on whether the government may
stop health insurer Anthem from buying competitor Cigna
said she was considering splitting the trial into phases.
** Britain's energy regulator Ofgem said it has granted
National Grid approval to transfer its gas transportation
license to its new subsidiary National Grid Gas Distribution Ltd
(NGGD), which is set for sale.
($1 = 1,099.9900 won)
($1 = 63.1300 roubles)
($1 = 0.8906 euros)
(Compiled by Akankshita Mukhopadhyay in Bengaluru)