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

martes 28 de octubre de 2008 21:02 CET
 

(Updates Huntsman, adds GM, Porshe and others)

Oct 28 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Tuesday.

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

** General Motors Corp (GM.N: Cotización) has asked the U.S. government for roughly $10 billion in an unprecedented rescue package to support its acquisition of Chrysler LLC from Cerberus Capital Management [CBS.UL], sources familiar with the talks said. To read more, please double click on [ID:nN27356776]

** A leading Republican lawmaker asked the Justice Department to "thoroughly investigate" antitrust and privacy issues in a search advertising partnership planned by Google Inc (GOOG.O: Cotización) and Yahoo Inc (YHOO.O: Cotización). [ID:nN28416010]

** British gas producer BG Group Plc BG.L launched a A$5.6 billion ($3.4 billion) friendly takeover bid for Australia's Queensland Gas Co Ltd QGC.AX (QGC), its latest effort to boost its position in Asia's fast-growing natural gas market. [ID:nSYD360849]

** The $6.5 billion leveraged buyout of chemical company Huntsman Corp (HUN.N: Cotización) hit another speed bump after private equity firm Apollo Management said the two banks set to finance the deal planned to pull out. [ID:nN28372215]

** Victoria Oil & Gas Plc (VOG.L: Cotización) said it paid about $400,000 for an option to buy Cypriot oil explorer Falcon Petroleum Ltd, which has substantial exploration prospects in Ethiopia and Mali. [ID:nBNG348035]

** Intel Capital, the investment arm of Intel Corp (INTC.O: Cotización), announced three investments in Chinese companies, including its first moves into the nation's clean technology sector. [ID:nPEK90217]   Continuación...