UPDATE 3-Deals of the day -- mergers and acquisitions

viernes 22 de febrero de 2008 21:58 CET
 

(Adds Collins Stewart, CHC Helicopter and others)

Feb 22 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Friday.

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

** Japan's top steel producer Nippon Steel Corp (5401.T: Cotización) and trading house Sumitomo Corp (8053.T: Cotización) said they would each raise their stakes in coke producer Mitsui Mining Co (3315.T: Cotización) to 21.7 percent from 12.9 percent.

To read more, please double click on [nTFA003000]

** The planned takeover of British insurer Resolution RSL.L by rival Pearl has hit a fresh delay, the closed life insurer said, reviving worries the 4.9 billion-pound ($9.6 billion) deal could be derailed. [nL22896683]

** CHC Helicopter FLYa.TO Corp said that it will be bought by a fund managed by private equity firm First Reserve in an all-cash deal worth C$3.7 billion. [nN22569589]

** China's Baosteel Group and China Shipping (Group) Company will form a marine firm to ship iron ore to the country's largest steel maker, Baosteel, parent of Baoshan Iron and Steel (600019.SS: Cotización), the company said. [nSHA31649]

** British American Tobacco, the world's second largest cigarette group, won the auction for Turkish state-owned tobacco firm Tekel after beating off three Turkish rivals with the highest bid of $1.72 billion. [nL22859507]   Continuación...