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

viernes 28 de diciembre de 2007 22:02 CET

(Adds Petrol)

Dec 28 (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/])

** China Construction Bank (601939.SS: Cotización) and Bank of America (BAC.N: Cotización) have set up a $615 million financial leasing venture, among the first major Sino-foreign ventures to start up formally in the nascent sector.

To read more, please double click on [nHKG231505]

** Warren Buffett's Berkshire Hathaway Inc (BRKa.N: Cotización) (BRKb.N: Cotización), in its second acquisition this week, agreed to buy the NRG NV reinsurance unit of ING Group NV ING.AS (ING.N: Cotización) for about 300 million euros ($441 million). [nL28277049]

** Morgan Stanley (MS.N: Cotización) has paid $217 million for a 10 percent stake in Petrovietnam Finance Corp (PVFC), the financial arm of Vietnam's state oil firm said, ahead of an expected stock market listing early next year. [nHAN342664]

** Malaysia's top lender, Malayan Banking Bhd (MBBM.KL: Cotización), will consider selling a stake in its Islamic bank, a unit whose financing and deposit businesses are forecast to grow 15 percent in its financial year ending June, its chief said. [nKLR186288]

** Spanish services-to-buildling firm ACS (ACS.MC: Cotización) said it had bought New Jersey, United States-based construction firm Schiavone Construction Co for $150 million, another push to diversify out of Spain where a construction boom is waning. [nL28479809]   Continuación...