UPDATE 2-Deals of the day -- mergers and acquisitions

jueves 11 de septiembre de 2008 21:59 CEST
 

(Adds Lehman, Textron, ImClone Systems and others)

Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Thursday.

(For Reuters columns on deals, click on [DEALTALK\] )

** Contrary to market speculation, Goldman Sachs Group Inc (GS.N: Cotización) is not pursuing an acquisition of Lehman Brothers Holdings Inc LEH.N, reflecting concerns that integrating two investment banks would be too disruptive, sources familiar with the situation said. To read more, please double click on [ID:nN11297861]

** Diversified manufacturer Textron Inc (TXT.N: Cotización) said that it had reached a deal to sell its fluid and power unit to UK-based Clyde Blowers Ltd for $526 million in cash. [ID:nN11466868]

** Bristol-Myers Squibb Co (BMY.N: Cotización) stood by its $60-a-share offer for ImClone Systems Inc IMCL.O, a day after the biotechnology company spurned Bristol's offer and said it had another bid at $70 a share. [ID:nN1169853]

** Spain's Iberdrola (IBE.MC: Cotización) will spend about 6 billion euros ($8.4 billion) buying U.S. power company Energy East EAS.N, a company executive said in a conference call with analysts. [ID:nLB321898]

** Germany's second giant bank deal this month neared a climax with Deutsche Bank (DBKGn.DE: Cotización) poised to take a minority stake in Deutsche Postbank DPBGn.DE despite a rival bid from Spain's Santander (SAN.MC: Cotización), sources familiar with the situation said. [ID:nLB566003]

** Spain's Banco Santander (SAN.MC: Cotización) has offered to buy Deutsche Post's (DPWGn.DE: Cotización) entire 50 percent plus one share stake in Deutsche Postbank DPBGn.DE, Germany's Handelsblatt newspaper reported citing financial sources. [ID:nWEA9087]   Continuación...