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Deals of the day-Mergers and acquisitions

Published 14/07/2018, 07:23 am
Updated 14/07/2018, 07:23 am
Deals of the day-Mergers and acquisitions

(Adds Siemens , Nova Ljubljanska Banka, Boeing (NYSE:BA) Co, Comcast, AT&T (NYSE:T), Lazard Ltd, Eversource Energy, Xerox, French oil and gas major Total )

July 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:

** French oil and gas major Total TOTF.PA said that it has completed a $1.5 billion deal to acquire Engie's ENGIE upstream Liquefied Natural Gas (LNG) business to become the second-largest player in the global LNG market. Xerox Corp (NYSE:XRX) XRX.N is considering the sale of a leasing unit that lends money to customers to rent printers and equipment, to make itself more attractive to potential acquirers following the termination of its $6.1 billion sale to Fujifilm Holdings Corp 4901.T , people familiar with the matter said. Siemens SIEGn.DE and Alstom's ALSO.PA plan to create a Franco-German rail champion could reduce competition and lead to higher fares for travellers, EU antitrust regulators said as they opened a full-scale investigation into the deal. The Slovenian government plans to sell at least 50 percent of its largest bank Nova Ljubljanska Banka (NLB) via a stock market listing this year and sell another 25 percent in 2019, Finance Minister Mateja Vranicar Erman said. Embraer SA's BR3.SA unions did not succeed in getting a job protection commitment in a meeting with the planemaker's chief executive after a deal with Boeing Co BA.N , the unions said in a statement. Comcast CMCSA.O expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky SKYB.L as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. cable giant said. The U.S. Justice Department has only a remote chance of overturning AT&T Inc's T.N takeover of Time Warner, Chief Executive Randall Stephenson said, while warning the case could affect bidding for Twenty-First Century Fox Inc FOXA.O . Bankrupt fashion company Nine West Holdings Inc has asked investment bank Lazard Ltd LAZ.N to help it explore a sale, people familiar with the matter said, a month after its namesake brand known for its footwear and handbags fetched $340 million in an auction. Connecticut Water Service Inc CTWS.O rejected a revised takeover offer from Eversource Energy ES.N , according to regulatory filings from both companies, insisting it would consider abandoning its planned merger with another utility only for a much higher offer. Malaysia's IHH Healthcare Bhd IHHH.KL is set to take control of India's Fortis Healthcare FOHE.NS after its bid of up to $1.1 billion was chosen over a rival's, giving it ownership of over 30 hospitals amid a private healthcare boom in India. Swedish healthcare company Capio CAPIO.ST rejected a bid worth 661 million euros ($771 million) from the French subsidiary of Australian hospital group Ramsay Health Care RHC.AX , saying it undervalued its business. Late HNA Group Co Ltd HNAIRC.UL co-chairman Wang Jian's 14.98 percent stake in the conglomerate will be donated to a China-based charity foundation that is already among its top shareholders, said a person with direct knowledge of the matter. Greece's state-controlled DEPA gas company will buy out Shell's RDSa.L 49 percent stake in a domestic gas supplier, Attiki Gas Supply Co, and a gas distributor in Athens and become the sole stakeholder in the two companies, it said. U.S. retailer Walmart (NYSE:WMT) Inc WMT.N said it has not decided to sell its Japanese supermarket chain Seiyu and would continue to develop its business in Japan. Chilean copper producer Antofagasta Plc ANTO.L has sold its electricity transmission business Centinela Transmisión for $117 million, the company said. French oil and gas major Total TOTF.PA said that it has completed a $1.5 billion deal to acquire Engie's ENGIE upstream Liquefied Natural Gas (LNG) business to become the second-largest player in the global LNG market. Britain's takeover regulator has decided that Disney DIS.N must offer 14 pounds a share for Sky SKYB.L if it succeeds in buying Rupert Murdoch's Twenty-First Century Fox FOXA.O , in a key ruling in the takeover battle for the broadcaster. Retailer Metro B4B.DE has no plans to sell its German hypermarket chain Real, Chief Executive Officer Olaf Koch told a magazine in an interview. Brazil's central bank will approve the sale of a minority stake in financial services firm XP Investimentos SA to lender Itaú Unibanco Holding SA ITUB4.SA but will not sign off on a change of control, newspaper Estado de S.Paulo reported.

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