Do More With Reuters
Partner Services

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

Thu Nov 13, 2008 3:01am IST
 
Email | Print | | Single Page
[-] Text [+]

(Adds Anheuser-Busch, Charlotte Russe and others)

Nov 12 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, North American and Asian companies were reported by 2130 GMT on Wednesday. (For Reuters columns on deals, click on [DEALTALK/] )

** Anheuser-Busch Cos Inc (BUD.N: Quote, Profile, Research) shareholders overwhelmingly approved on Wednesday the proposed $52 billion takeover by Belgian rival InBev NV INTB.BR, leaving the blessing of federal regulators as the only remaining hurdle to creating the world's largest brewer.

To read more, please double click on [ID:nN12534283]

** NTT DoCoMo Inc (9437.T: Quote, Profile, Research), Japan's biggest mobile phone carrier, said it would buy a 26 percent stake in India's sixth-ranked carrier, Tata Teleservices Ltd [TATASL.UL], for about 130.7 billion Indian rupees ($2.7 billion). [ID:nTKU003178]

** Charlotte Russe Holding Inc's CHIC.O shareholder KarpReilly Capital Partners LP offered to buy the women's-apparel retailer in a deal valued as much as $198.6 million, sending its shares up as much as 25 percent. [ID:nBNG188360]

** Property developer Stockland Group (SGP.AX: Quote, Profile, Research) has bought a 12.7 percent strategic stake in rival GPT Group (GPT.AX: Quote, Profile, Research), dealing itself into any potential takeover bid for the group and sending GPT's shares up 37 percent. [nSYD395214]

** Indonesian coal miner PT Tambang Batubara Bukit Asam (PTBA.JK: Quote, Profile, Research) may pull out of a consortium that has agreed to buy a stake in Bumi Resources Tbk (BUMI.JK: Quote, Profile, Research), the country's biggest coal miner, because of a slump in Bumi's share price, the state enterprises minister said. [nJAK365105]

** General Motors GM.N is seeking to raise its stake in its commercial vehicle venture with SAIC Motor (600104.SS: Quote, Profile, Research), China's biggest automaker, China Business News said. [ID:nSHA158844]  Continued...

  Smoke and fire billows out of the Taj Hotel in Mumbai November 27, 2008.   REUTERS/Jayanta Shaw
One Year Later

A look back at the events of 26/11 ahead of the first anniversary of the militant attacks in Mumbai that killed 166 people.  Slideshow | Full Coverage 

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article