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Deals of the day- Mergers and acquisitions

Published 06/07/2015, 08:33 pm
© Reuters.  Deals of the day- Mergers and acquisitions
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July 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** Health insurer Aetna Inc AET.N said on Friday it would buy smaller rival Humana Inc HUM.N for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. ID:nL1N0ZJ079

** Canada's Potash Corp of Saskatchewan POT.TO said it was confident of addressing concerns raised by K+S SDFGn.DE over its 7.9 billion euro ($8.7 billion) takeover proposal for the German potash miner, giving K+S's stock a boost. ID:nL8N0ZJ0TK

** Russian broadcaster CTC Media CTCM.O said it had received a $200 million offer for 75 percent of its operating assets in Russia and Kazakhstan from UTH Russia, part-owned by billionaire Alisher Usmanov. ID:nL8N0ZM194

** Family-owned German car parts maker Eberspaecher is exploring strategic options including a partnership with an overseas peer or a partial sale as it seeks to expand its international footprint, several people familiar with the matter said. ID:nL8N0ZI1R7

** Abu Dhabi Islamic Bank ADIB.AD , which recently failed in its bid for Citigroup's C.N Egypt retail business, is targeting acquisitions in 2016 in Asia, the Middle East, and North Africa, its chief executive said. ID:nL8N0ZM0RW

** Kuwait's Al Ahli Bank ABKK.KW received approval from the Gulf state's central bank to buy Piraeus Bank's BOPR.AT Egyptian unit, it said on Monday. ID:nD5N0Y2044

** German asset manager Union Investment has bought most of the remaining assets of Austria's Volksbanken OTVVp.VI as the part-nationalised group winds down after failing European bank stress tests. ID:nL8N0ZM0YN

** U.S. cigarette giant Philip Morris International Inc PM.N plans to sell a stake worth at least $1 billion in Indonesian unit PT HM Sampoerna Tbk HMSP.JK to comply with free-float rules, two people familiar with the matter said on Monday. ID:nL3N0ZM2E1

** China Molybdenum Luoyang Co 603993.SS is poised to make an offer for an overseas mining project costing up to $2.15 billion, the latest push by a Chinese enterprise to acquire resource assets beyond its borders. ID:nL3N0ZM2RC

** U.S. media group Scripps Networks Interactive SNI.N has offered to pay a total of 3.2 billion zlotys ($843.64 million) to buy the shares in Polish broadcaster TVN TVN.WA it does not already own to take full control over the company and delist it. ID:nL8N0ZM0S7

** Elliott Associates has bought shares in Samsung Fire & Marine Insurance Co Ltd 000810.KS , a spokeswoman for the South Korean firm said, potentially strengthening the U.S. hedge fund's hand in its bid to block an $8 billion proposed merger of another two Samsung Group companies. ID:nL3N0ZM0AN

** Australian childcare operator Affinity Education AFJ.AX on Monday urged shareholders not to accept a $121 million takeover offer from larger rival G8 Education Ltd GEM.AX , saying it would refer the all-share bid to regulators after what it called "opportunistic" off-market purchases of Affinity stock by G8. ID:nL3N0ZM09B

** Berlin is wooing private investors including Macquarie MQG.AX and JP Morgan JPM.N to take a stake in its much-delayed new international airport, German newspaper Bild wrote on Sunday. ID:nL8N0ZL0M4

** Mercedes F1 non-executive chairman Niki Lauda has dismissed a report suggesting Formula One rival Red Bull could switch from Renault to Mercedes engines with Aston Martin branding. ID:nL3N0ZL05S

** Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie told Reuters. ID:nL3N0ZK07E

** German utility RWE RWEG.DE is considering a restructuring that could see units such as RWE Generation and RWE Innogy being merged or swallowed up by the parent group as it battles an industry-wide crisis, a German newspaper reported on Saturday. ID:nL8N0ZJ3DM

** Consolidation continues to be necessary in the auto industry but there is nothing new to report on Fiat Chrysler's FCHA.MI FCAU.N desire for a tie-up with General Motors GM.N , FCA CEO Sergio Marchionne said on Friday. ID:nI6N0Z1022

** South African gaming and hotel group Tsogo Sun Holdings TSHJ.J has scrapped plans to buy a minority stake in two casinos owned by Sun International SUIJ.J , the companies said. ID:nL8N0ZJ30S

** Copenhagen-based private equity firm Polaris said it had made a binding offer to acquire all outstanding shares in Danish ferry company Mols-Linien MOLS.CO and planned to delist the company from the stock exchange. ID:nL8N0ZJ2E7

** Creditors of insolvent German wind park operator Prokon have voted to try to revive the company themselves, rejecting a takeover bid from utility EnBW EBKG.DE , the administrator said on Thursday. ID:nL8N0ZI3FI

** The entertainment arm of Chinese property conglomerate Dalian Wanda Group said on Friday it would lead an almost 6 billion yuan ($967 million) investment into one of China's biggest travel websites, its first foray into online tourism. ID:nL3N0ZJ2K4

** Dutch lender ING Group ING.AS is set to win the auction to buy HSBC Holdings Plc's HSBA.L Turkish business, people familiar with the matter said on Thursday. ID:nL8N0ZI48V

** Dollar Tree Inc DLTR.O was given the go-ahead to buy Family Dollar Stores Inc FDO.N by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga. ID:nL1N0ZI2BU

** Sycamore Partners is preparing an offer for Belk Inc that could value the U.S. department store chain at between $3 billion and $3.5 billion, including debt, and become the buyout firm's largest deal, people familiar with the matter said on Thursday. ID:nL1N0ZI2CS

($1 = 3.7931 zlotys) ($1 = 0.9008 euros) ($1 = 6.2047 Chinese yuan renminbi)

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