UPDATE 2-Deals of the day -- mergers and acquisitions
(Adds PPR, Post Properties, Entertainment Network and others)
Jan 23 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday.
(For Reuters columns on deals, click on [DEALTALK/])
** Shares in Xstrata XTA.L rose as much as 5 percent to 3,450 pence on market talk of a 4,000 pence-per-share bid for the miner by the end of the week, traders said.
To read more, please double click on [nL2385258]
** Popular Inc (BPOP.O: Cotización), the parent of Banco Popular, agreed to sell much of its U.S. consumer finance business Equity One to a unit of American International Group Inc (AIG.N: Cotización) for about $1.5 billion, the companies said. [nN23616561]
** Constellation Brands Inc (STZ.N: Cotización) said it agreed to sell its Almaden and Inglenook wine brands and the Paul Masson winery to The Wine Group LLC for $134 million in cash, as it focuses on higher-end brands. [nN23462248]
** French retailer PPR (PRTP.PA: Cotización) said it was in talks to sell its YSL Beaute cosmetics business to L'Oreal (OREP.PA: Cotización), the world's biggest beauty group, for an enterprise value of 1.15 billion euros. [nL23220007]
** CME Group Inc CME.N, the world's largest derivatives exchange, said its board ratified the equity stake of about 10 percent in Brazilian Mercantile & Futures Exchange SA BMEF3.SA, the world's fourth largest futures exchange. [nWNAS7293] Continuación...