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

jueves 21 de febrero de 2008 22:05 CET
 

(Adds Barrick Gold, TransAlta and others)

Feb 21 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Thursday.

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

** Anglo-Dutch publisher Reed Elsevier (REL.L: Cotización) announced the acquisition of U.S. risk-management business ChoicePoint Inc (CPS.N: Cotización) for $4.1 billion, including debt, and said it would intensify a cost-saving drive and sell an advertising-dependent information business.

To read more, please double click on [nL21545124]

** Bain Capital Partners and China's Huawei Technologies Co Ltd [HWT.UL] have withdrawn their application for U.S. security approval of a $2.2 billion purchase of 3Com Corp COMS.O after failing to satisfy the concerns of a U.S. government panel. [nPEK25802]

** Barrick Gold Corp (ABX.TO: Cotización) will pay $1.7 billion to buy out Rio Tinto's (RIO.L: Cotización) 40 percent stake in their Cortez joint venture in Nevada, acquiring ownership of the potential million-ounce-a-year gold-mining project, Barrick said. [nN21448037]

** Egypt's Orascom Construction Industries (OCIC.CA: Cotización) OCICq.L said it was taking on the fertiliser activities of UAE company Abraaj Capital in exchange for cash and shares worth about $1.59 billion. [nL21789600]

** Meadowbrook Insurance Group Inc MIG.N said it agreed to buy ProCentury Corp (PROS.O: Cotización) for about $272.6 million in cash and stock to expand in property and casualty insurance. [nWEN4028]   Continuación...