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

miércoles 25 de febrero de 2009 22:23 CET
 

(Adds Agrium Inc and Credit Agricole)

Feb 25 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday.

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

** Three potential bidders remain interested in the sale of a large stake in American International Group's (AIG.N: Cotización) AIA Asian life insurance unit, people close to the matter said, as the auction process heads into its final week.

To read more, please double click on [ID:nHKG67567]

** Deutsche Bank (DBKGn.DE: Cotización) said it would hold a blocking minority of 25 percent plus one share of Deutsche Postbank DPBGn.DE following a share purchase from Deutsche Post (DPWGn.DE: Cotización). [ID:nLP62463]

** Spain's Banco Santander (SAN.MC: Cotización) has the mandate to sell Union Fenosa's UNF.MC 5 percent stake in oil company Cepsa CEP.MC at the 30-35 euros per share it is negotiating for its own shares, Fenosa said in a statement. [ID:nMDT006131]

** Czech power group CEZ CEZsp.PR and financial group J&T said on Wednesday they had agreed to buy German miner Mitteldeutsche Braunkohlengesellschaft for 404 million euros. [ID:nLP840084]

** Credit Agricole (CAGR.PA: Cotización), France's biggest retail bank, said it was in talks to buy a 35 percent stake in investor services group Caceis from rival bank Natixis (CNAT.PA: Cotización) for 595 million euros ($758.2 million). [ID:nLP58624]   Continuación...