Oct 7 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:
** Britain will resume selling its residual 3.6 billion
pound ($4.5 billion) stake in Lloyds Banking Group
after a break following the country's vote in June to quit the
** Qatari investors who own the largest stake in Deutsche
Bank do not plan to sell their shares and could
consider buying more if it decides to raise capital, sources
familiar with Qatari investment policy told Reuters.
** France reacted angrily on Friday after Poland scrapped a
multi-billion dollar helicopter deal with Airbus,
saying it would review defence cooperation with its NATO ally
and cancelling a presidential visit to Warsaw.
** Linde, the world's biggest industrial gases
group by revenue, plans to cut costs and may and may close some
sites abroad after failing to merge with U.S. rival Praxair
, German weekly Spiegel reported.
** China Everbright Group, a state-backed financial firm,
bought all the shares of Albania's airport operator for an
undisclosed sum on Friday, hailing the deal as part of China's
push to build trade links with Europe.
** German travel and tourism company TUI AG said it
would keep pay and conditions in place for three years for
employees of its TUIfly airline unit, amid talks on merging
TUIfly with loss-making carrier Air Berlin's leisure
** Canadian online gambling company Amaya Inc
has received strong interest from other companies in the
industry and some private equity firms, according to two sources
familiar with the situation.
** Russian top oil producer Rosneft's ROSN.MM purchase of a
controlling stake in mid-sized oil company Bashneft BANE is
"practically a done deal", Kremlin economic aide Andrei Belousov
told reporters on Friday.
** The British government will restart selling down its 3.6
billion pound ($4.45 billion) stake in Lloyds Banking Group
, the body set up to manage the process said on Friday,
after it was delayed following the vote to leave the European
** U.S. private equity firm HarbourVest Partners said it had
extended its $1.35 billion offer for smaller rival SVG Capital
, even after the British firm accepted an offer for its
investment portfolio from Goldman Sachs and the Canada
Pension Plan Investment Board.
** Russian top oil producer Rosneft's purchase of
a controlling stake in mid-sized oil company Bashneft
is "practically a done deal", Kremlin economic aide Andrei
Belousov told reporters on Friday.
** Neither Innogy nor parent RWE are
likely to take a stake in Germany's largest lender Deutsche Bank
, Innogy's Chief Executive told Reuters on
** Avolon Holdings, part of China's acquisitive HNA Group,
is acquiring CIT Group's aircraft leasing assets worth
$10 billion in a deal that will create the world's third-largest
lessor in a rapidly consolidating sector.
** Dutch insurer Delta Lloyd on Friday rejected an
unsolicited 2.4 billion euro ($2.7 billion) takeover bid from
larger rival NN Group NV as being too low but said
mergers between Dutch insurers could make sense.
** Activist shareholder Cevian is considering taking a 10
percent stake in German utility E.ON, German daily
Rheinische Post reported on Friday, citing industry
** Total has agreed to sell its specialty
chemicals arm Atotech for $3.2 billion to private equity firm
Carlyle Group, part of a programme under which the French oil
company hopes to divest $10 billion worth of non-core assets by
** Banca Generali has no acquisition plans on the
table, the Italian asset manager's managing director said on
Friday, amid speculation the group could be interested in buying
online broker FinecoBank.
** French nuclear group Areva is in talks with
Kazakhstan over a potential investment in the company, although
it is too early to say whether a deal can be reached, a
spokeswoman for the French industry ministry said on
** Verizon Communications is pressing for a $1
billion discount off its pending $4.8 billion agreement to buy
Yahoo, the New York Post reported, citing
(Compiled by Laharee Chatterjee and Gayathree Ganesan in