3 MIN. DE LECTURA
(Adds Herley Industries, Radian Group and others)
March 10 (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/])
** Merck & Co (MRK.N) and Schering Plough Corp SGP.N, in a merger agreement filed with the U.S. Securities and Exchange Commission, said that the agreement includes a $1.25 billion termination fee.
To read more, please double click on [ID:nWEN5683]
** Swiss drugmaker Roche ROG.VX said again that it deemed its $93 per share offer for U.S. biotech group Genentech DNA.N as fair, after a source familiar with the situation had said the two sides were in talks for a deal at a higher price. [ID:nLA302930]
** Herley Industries Inc HRLY.O, a U.S. defense electronics manufacturer, has put itself up for sale in an auction expected to draw interest from large defense contractors, two sources familiar with the matter said. [ID:nN10524301]
** U.S. mortgage insurer Radian Group Inc (RDN.N) said it was actively exploring capital raising options, including selling its stake in consumer asset and servicing firm Sherman Financial Group and through an equity offering. [ID:nBNG488000]
** The Luxembourg arm of crisis-hit Icelandic bank Kaupthing will shed certain assets and loans before being taken over, according to a restructuring plan drawn up by administrators. [ID:nLA572956]
** Belgian foam maker Recticel (RECT.BR) may further divest its automotive operations after its exposure to that floundering industry dragged its 2008 earnings lower, Chief Executive Luc Vansteenkiste told Reuters. [ID:nLA373099]
** Maurel et Prom (MAUP.PA) said it would sell its oil production assets in Colombia for $748 million, driving its shares up almost 8 percent. [ID:nLA33625]
** Precious metals company Hochschild Mining PLC (HOCM.L) said on Tuesday it agreed to buy Southwestern Resources Corp SWG.TO for $17.5 million in cash. [ID:nLA668351] (Compiled by Tina Kwan in Singapore; Archana Shankar and R. Manikandan in Bangalore)