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

viernes 29 de febrero de 2008 22:03 CET

(Adds Kaltech Engineering, Bere Mures, and Assured Guaranty)

Feb 29 (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/])

** Fortum (FUM1V.HE: Cotización) will pay up to 2.7 billion euros ($4.1 billion) for Russia's TGK-10 should it gain full ownership of the utility, the Finnish company said.

To read more, please double click on [nL29893130]

** U.S. investment firm Aetos' 900 billion yen ($8.6 billion) plus bid for Japanese property developer Daito Trust Construction Co (1878.T: Cotización) is moving forward but struggling to secure enough capital from banks, financial sources familiar with the matter said. [nT110729]

** Banque Populaire said it was in exclusive talks to buy 400 bank branches from HSBC France, mainly in the south of the country, for 2.1 billion euros ($3.17 billion). [nL29739266]

** China Eastern Airlines (600115.SS: Cotización)(0670.HK: Cotización) has won regulatory approval to set up an airline with aircraft manufacturer AVIC I, maker of the country's first domestically developed regional jet. [nPEK111608]

** Take-Two Interactive Software Inc's (TTWO.O: Cotización) CEO said that major shareholders support the video game publisher's decision to reject a $1.9 billion takeover bid by bigger rival Electronic Arts Inc, which they see as "woefully low." [nN28619635]

** Renault (RENA.PA: Cotización) agreed to pay up to $1.17 billion for a quarter of Russia's AvtoVAZ (AVAZ.MM: Cotización) in a bid to revive the outdated Lada brand and take a chunk of what is set to become Europe's top car market. [nL29212664]   Continuación...