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Deals of the day- Mergers and acquisitions

Published 11/08/2015, 06:17 am
© Reuters.  Deals of the day- Mergers and acquisitions
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(Adds A4 Holding; updates Precision Castparts, Therakos, Rentech Nitrogen, Suning Commerce)

Aug 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc BRKa.N said it would buy aerospace parts maker Precision Castparts Corp (NYSE:PCP) PCP.N in a $37.2 billion deal, its biggest ever, taking it out of the market for another big acquisition for now. ID:nL3N10L3ST

** Shire SHP.L Chief Executive Flemming Ornskov is stepping up his campaign to get Baxalta BXLT.N to the negotiating table as he pushes the benefits a $30 billion takeover offer to the U.S. biotech company's shareholders. ID:nL5N10L232 f

** German salt and fertilizer company K+S AG SDFGn.DE says a survey of its retail investors shows they strongly support its rejection of a 7.9 billion euros ($8.6 billion) takeover offer from Canada's Potash Corp of Saskatchewan POT.TO .

** Alibaba (NYSE:BABA) Group Holding Ltd BABA.N will invest $4.6 billion in leading Chinese electronics retailer Suning Commerce Group Co Ltd 002024.SZ , its biggest step yet towards integrating online and store-based shopping. ID:nL3N10L3B6

** China's Bohai Leasing Co Ltd 000415.SZ is in exclusive talks to buy Irish aircraft leasing firm Avolon Holdings Ltd AVOL.N for $2.64 billion, after raising its offer to put it ahead of a rival bidder. ID:nL3N10L4GL

** A new partnership between U.S.-based power company AES Corp and Mexico's Grupo Bal launched on Monday will invest up to $2.5 billion over the next five years mostly in Mexico's newly opened power sector, a top AES executive said in an interview. ID:nL1N10L14V

** Private equity fund MBK Partners is considering selling its controlling stake in South Korean water purifier maker Coway Co Ltd 021240.KS in a deal that could double the fund's initial investment, based on the stake's market value of $2 billion. ID:nL3N10L0QD

** Dublin-based drugmaker Mallinckrodt (NYSE:MNK) Plc MNK.N said it would buy immunotherapy company Therakos Inc in a deal valued at about $1.33 billion, its second major acquisition this year to strengthen its hospital offerings. ID:nL3N10L3I8

** An offer by Spanish toll road operator Abertis Infraestructuras SA ABE.MC for a majority stake in A4 Holding values the Italian motorway group at around 1.2 billion euros ($1.31 billion), two sources with knowledge of the deal said on Monday. ID:nL5N10L1TZ

** Blackstone (NYSE:BX) Group LP BX.N is exploring the sale of GCA Services Group Inc, in a deal that could value the provider of janitors and cleaners to schools and businesses at more than $1 billion, including debt, according to people familiar with the matter. ID:nL1N10L1G7

** Australia and New Zealand Banking Group Ltd ANZ.AX will launch a formal process this week to sell its 39 percent stake in Indonesia's Panin Bank, hoping to raise nearly A$1 billion ($740 million) to boost its capital position, The Australian newspaper reported on Monday. ID:nL3N10L05E

** AstraZeneca Plc AZN.L has clinched its third deal in less than a week to bolster its strategically important cancer drug pipeline by signing up rights to an experimental immune system-boosting medicine from Inovio Pharmaceuticals Inc INO.O . ID:nL5N10L14Y

** U.S. private equity firm TPG TPG.UL has agreed to buy Hungarian real estate developer TriGranit and its more than 500 million euros ($549.45 million) worth of commercial property assets in Central and Eastern Europe, TriGranit said on Monday. ID:nL5N10L2F8

** Nitrogen fertilizer producer CVR Partners LP UAN.N said on Monday it would buy Rentech Nitrogen Partners LP RNF.N for about $533 million, excluding debt, as global fertilizer makers aim to scale up at a time when increased supplies weigh on nitrogen prices. ID:nL3N10L3F7

** MaterialScience, Bayer AG's BAYGn.DE plastics division, which plans to list on the stock exchange soon, could consider acquisitions, especially in polyurethane-related business, its head told a German paper. ID:nL5N10L0MQ

** LyondellBasell Industries NV (NYSE:LYB) LYB.N will buy polypropylene compounds (PPC) maker SJS Plastiblends, the companies said, as the plastics and chemicals maker sought a greater share in India's growing automotive market. ID:nL3N10L2RA

** South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd 042660.KS said it would sell non-core assets, and shut down or exit non-essential units as part of restructuring after a multi-billion dollar loss in the April-June quarter. ID:nL3N10L32I

** Online advertising and browser firm Opera Software ASA OPERA.OL is considering a sale of the company after missing second-quarter revenue forecasts and cutting its full-year expectations, the board of the Norwegian company said on Saturday. ID:nL5N10L05H

** Kenges Rakishev, a Kazakh businessman whose father-in-law Imangali Tasmagambetov is the defense minister, is acquiring control of the country's largest bank, Kazkommertsbank AO KKGB.KZ . ID:nL5N10J05Q

** The Bank of Portugal has received one improved bid for Novo Banco but will evaluate in coming weeks all three bids that have been made, the bank said on Friday. ID:nL5N10I3KI

** Greek yogurt maker Chobani is looking to sell a minority stake in the business and is working with Goldman Sachs Group Inc (NYSE:GS) GS.N , Bloomberg reported late on Friday, citing a source. ID:nL1N10J04E

** RWE RWEG.DE Chief Executive Peter Terium said that breaking up the company remained an option for Germany's second-biggest utility at any time, but added that it was not his preferred option for the group's future. ID:nL5N10L34P

($1 = 1.35 Australian dollars) ($1 = 0.91 euro)

($1 = 0.9100 euros)

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