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

jueves 13 de marzo de 2008 21:05 CET

(Adds National Atlantic Holdings and Erg)

March 13 (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/])

** Electronic Arts Inc ERTS.O launched a tender offer for rival video game maker Take-Two Interactive Software Inc (TTWO.O: Cotización) at $26 a share, indicating its $2 billion bid is turning hostile. To read more, please double click on [nN12258281]

** Time Warner Inc's (TWX.N: Cotización) AOL Internet division said it will buy social network Bebo for $850 million in cash, bolstering its consumer Internet offerings even as the media conglomerate mulls splitting off the business. [nN13279145]

** Irish building materials group CRH (CRH.I: Cotización) said it had agreed to buy U.S. Pavestone Group for $540 million in cash. [nL13699451]

** Dutch media content provider 2waytraffic N.V. TWT.L said it had agreed a 108 pence-a-share cash offer from Sony Pictures (6758.T: Cotización), valuing the firm at up to 137.5 million pounds ($276.9 million). [nL13601139]

** Irish food company Kerry Group Plc (KYGa.I: Cotización) said it had agreed to buy Dairygold spreads maker Breeo Foods, a unit of Irish-based Reox Holdings Plc, for 165 million euros ($253.5 million). [nL13600270]

** Russia's third-largest steel producer MMK (MAGNq.L: Cotización) said it had paid $230.4 million to increase its stake in steel trader and coal producer Belon (BLNG.MM: Cotización) to 41.3 percent from 10.75 percent. [nL13626801]   Continuación...