Deals of the day- Mergers and acquisitions

August 29, 2014

(Adds Criteo, OPAP and Get)

Aug 29 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 2000 GMT on Friday:

** Norway's second-biggest cable operator Get expects to

receive binding offers from Denmark's TDC and two

private equity funds in a sale that could value Get at around

1.4 billion euros ($1.84 billion) including debt, sources

familiar with the situation said.

** French media reported that advertising group Publicis

Groupe SA was in talks to buy Paris-based online

advertising company Criteo SA. But late Friday, a

source close to Publicis told Reuters that the reports were


** Greece's OPAP, one of Europe's biggest betting

firms, has teamed up with a British fund manager to bid for the

country's horse race betting license, days after the

privatization agency scrapped a previous tender.

** Grupo Oi SA, Brazil's fourth-biggest wireless

carrier, is in talks to sell its 25 percent stake in Angola's

largest mobile-phone company Unitel SA for more than $2 billion

to other shareholders, Bloomberg reported, citing people

familiar with the matter.

** Fiat SpA signaled its merger with U.S. affiliate

Chrysler was on track on Friday as a tally of shareholders

suggested most had chosen not to exercise an option that could

derail the plan, a vital step in the Italian carmaker's

turnaround efforts.

** Johnson & Johnson plans to seek a buyer for its

medical device maker business, Cordis Corp, The Wall Street

Journal reported, citing people familiar with the matter. The

sale could fetch between $1.5 billion and $2 billion, one of the

people told the Journal.

** China's Dalian Wanda group and Tencent Holdings Ltd

said they would set up a 5 billion yuan ($814 million)

e-commerce joint venture with Baidu Inc, as the firms

push into the high-growth e-commerce sector.

** Malaysia Airlines will slash nearly a third of

its 20,000 workforce and cut back its global route network as

part of a radical 6 billion ringgit ($1.9 billion) restructuring

following the devastating impact of two jetliner disasters. The

42-year-old company will be de-listed by the end of the


** Spain's Telefonica said it expected the purchase

of Vivendi SA's Brazilian broadband unit GVT to close

in mid-2015 and to deliver synergies of at least 4.7 billion

euros ($6.2 billion), net of integration costs.

** Australia said it will sell health insurer Medibank

Private in an initial public offering in December, in a deal

expected to fetch about A$4 billion ($3.74 billion) and make

2014 the country's biggest year of new listings.

** A consortium of German municipal utilities bought the

remaining 49 percent of power utility Steag from Evonik

Industries AG for about 570 million euros ($751

million), the companies said in a joint statement on Friday.

** Transtar Industries Inc, a U.S. distributor of

replacement car parts, is exploring a sale that it hopes could

value the company at as much as $1 billion, including debt,

according to people familiar with the matter.

** Swiss private bank Notenstein said it would buy the

client assets of Landesbank Baden-Wuerttemberg's Swiss wealth

management arm, in the continuing gradual consolidation of the

Swiss banking sector. A spokeswoman for Notenstein declined to

disclose the price of the deal.

** Zurich-based Credit Suisse was looking at

taking over smaller rival Julius Baer, worth nearly

$10 billion, as part of a number of options under consideration,

Swiss finance blog Inside Paradeplatz said, without citing


** Prestige Brands Holdings Inc, which markets

healthcare and cleaning products, has won U.S. antitrust

approval for its $750 million purchase of Insight

Pharmaceuticals Corp on condition that it divest a

motion-sickness drug, the Federal Trade Commission said.

** Authorities in Cyprus have extended Friday's deadline for

submission of non-binding expressions of interest in Cyprus

Airways until Sept. 3, aiming to give possible bidders

plenty of time to formulate their offers.

Companies which have said they might be interested in

bidding for the carrier include Ryanair, Europe's

largest budget airline, and Greece's Aegean Airlines.

** German investment group Haniel, which owns

about 30 percent in retailer Metro, has more than 1

billion euros ($1.32 billion) available for acquisitions

following the sale of its stake in drug distributor Celesio

to U.S.-based McKesson Corp.

** European private equity firm Bridgepoint has bought

British foreign exchange provider Moneycorp for 212 million

pounds ($351.8 million), the fund said on Friday.

** Taiwan's CTBC Financial Holding Co Ltd, one of

the island's largest financial groups, said on Friday its

insurance arm would take a stake in the insurance unit of

China's Agricultural Bank of China in a deal worth

1.71 billion yuan ($278 million).

** China's Tianshui Huatian Technology Co has

withdrawn from talks about a possible acquisition of Singapore

technology business STATS ChipPAC because of

unfavorable market conditions, it said on Friday.

** Malaysia's Felda Global Ventures Holdings Bhd,

the world's third-largest palm oil plantation operator, plans to

buy Asian Plantations Ltd for 628 million ringgit ($199


** Deutsche Telekom AG sees potential offers

which value its T-Mobile US Inc unit at $35 a share as

being substantially too low, a person familiar with the matter

said on Thursday, countering a report from Bloomberg.

** Thailand's PTT Global Chemical Pcl said its

wholly-owned unit bought an additional 34 percent stake in

French chemical maker Vencorex from Perstorp Holding AB

, raising its stake to 85 percent. It gave no details

about the value of the deal.

** Philippine lender Rizal Commercial Banking Corp

is in talks to sell a 20 percent stake to Taiwan's Cathay

Financial Holding Co, Rizal Bank's chief executive

said. Bloomberg had earlier reported that Cathay offered to buy

Rizal Bank shares at 64 pesos apiece.

** Britain's CSR has rebuffed an approach from

Microchip Technology, saying that the undisclosed price

proposed by Microchip was not enough if its U.S. rival wants to

bolster its role in the "Internet of Things" with the

chipmaker's radio technology.

** Cosan SA said it has no plans to acquire rival

cane mills and instead Brazil's largest producer of sugar and

ethanol will focus on cutting operational costs in a difficult

market that has weakened the sector.

** Mori Trust Co Ltd has bought a Tokyo wedding venue and

office complex from U.S. investment fund Lone Star for around

130 billion yen ($1.25 billion), a source with knowledge of the

matter said.

($1 = 0.76 euro)

($1 = 6.15 yuan)

($1 = A$1.07)

($1 = 3.16 ringgit)

($1 = 103.69 yen)

(Compiled by Manya Venkatesh and Mridhula Raghavan in