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

lunes 13 de octubre de 2008 22:09 CEST

(Adds Chrysler, Waste Management and others)

Oct 13 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Monday. (For Reuters columns on deals, click on [DEALTALK\] )

** Chrysler LLC Chief Executive Bob Nardelli said on Monday the automaker is talking with "third parties" interested in exploring tie-ups as it seeks to leverage its assets amid a global credit crunch.

To read more, please double click on [ID:nN13454705]

** Waste Management Inc WMI.N, the No. 1 U.S. trash hauler, withdrew its proposal to acquire No. 3 Republic Services Inc (RSG.N: Cotización), citing the current state of the financial markets.


** An affiliate of commercial real estate firm Compson Development offered to buy Agree Realty Corp (ADC.N: Cotización) for about $328.7 million, more than two years after it had made a higher bid that was shot down by Agree Realty. [ID:nBNG216634]

** Loss-making chipmaker Qimonda QI.N has agreed to sell its stake in manufacturing joint venture Inotera to rival Micron MU.N for $400 million in cash as it steps up restructuring to combat a severe downturn. [ID:nTP146011]

** Chipmaker Vishay Intertechnology Inc (VSH.N: Cotización) said it terminated its offer to buy International Rectifier Corp IRF.N for $23.00 a share, putting an end to the two-month-old merger battle. [ID:nBNG58644]   Continuación...