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Deals of the day- Mergers and acquisitions

Published 14/06/2016, 08:07 pm
© Reuters.  Deals of the day- Mergers and acquisitions
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June 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

** NXP Semiconductors NV NXPI.O said it would sell its standard products business to a consortium of financial investors consisting of China's Jianaguang Asset Management Co Ltd and private equity firm Wise Road Capital Management for about $2.75 billion. The two largest daily fantasy sports companies, FanDuel Inc and DraftKings Inc, are in early-stage talks to merge, people familiar with the matter said on Monday, as the industry faces a crackdown by U.S. states over whether it runs illegal gambling. Daetwyler Holding AG DAE.S said it has agreed to buy Premier Farnell Plc PFL.L in an all-cash offer that valued the British electronic component distributor at just over 1 billion Swiss francs ($1.04 billion). Drugs giant Teva Pharmaceutical Industries (NYSE:TEVA) TEVA.TA ended a research partnership with the experimental stem cell therapy company Mesoblast Ltd MSB.AX . Green Plains Inc GPRE.O and other firms have offered to pay $350 million for four of Abengoa SA's ABG.MC U.S. ethanol plants, court documents showed, reflecting resurgent appetite for biofuel assets as prices stage their biggest rally in years. Thailand's King Power Group, the nation's largest duty free retailer, said it plans to spend 12 billion baht ($340 million) on buying the remaining 60 percent of Asia Aviation Pcl AAV.BK . Veolia's VIE.PA North American business is buying the Sulfur Products division of U.S. firm Chemours CC.N for $325 million, the French water and waste company said in a statement. Britain's largest shale gas developer IGas IGAS.L said it is in talks with a number of potential investors to strengthen its balance sheet. China's Midea Group Co Ltd 000333.SZ wants a stake of no more than 49 percent in German industrial robot maker Kuka KU2G.DE and will resell any shares it acquires beyond that threshold, German coalition sources said. French oil and gas company Total TOTF.PA plans to buy Belgian green energy provider Lampiris, Belgian daily De Standaard reported on Tuesday, citing unnamed sources. Randstad RAND.AS , the world's second largest staffing company, said it has acquired twago, an online marketplace for that connects freelancers with employers. = 0.9636 Swiss francs)

($1 = 35.1600 baht)

($1 = 0.8900 euros)

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