UPDATE 2-Deals of the day -- mergers and acquisitions
(Updates Merrill Lynch, Thermage, adds Teranet, Informa and Alitalia)
Sept 4 (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\] )
** Borealis Infrastructure Management Inc, an investment unit of one of Canada's largest pension plans, said it plans to offer more than C$2 billion ($1.9 billion) in cash for e-commerce provider Teranet Income Fund TF_u.TO.
To read more, please double click on [ID:nN04292596]
** UK publishing company Informa Plc (INF.L: Cotización) said it had rejected a reduced takeover offer from a consortium as it significantly undervalued the group. [ID:nL461316]
** An Italian investor group leading a rescue of Alitalia AZPIa.MI does not plan to buy the bankrupt carrier's cargo and heavy maintenance units, one of the businessmen leading the group told unions. [ID:nL4126519]
** Novolipetsk Steel (NLMKq.L: Cotización), the Russian steel maker owned by billionaire Vladimir Lisin, has agreed to pay $400 million in cash to acquire U.S. hot-rolled steel maker Beta Steel and expand its presence in North America. [ID:nL457109]
** Merrill Lynch & Co's MER.N talks to sell bad loans to Korea Asset Management Corp (KAMCO) faced a deadlock due to a disagreement over price, the South Korean state agency said. [ID:nSEO182372] Continuación...