UPDATE 2-Deals of the day -- mergers and acquisitions
(Adds Merck, JJB Sports and others, Updates Satyam)
Mar 9 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Monday.
(For Reuters columns on deals. click on [DEALTALK/])
** Merck & Co Inc (MRK.N: Cotización) said that it would acquire Schering-Plough Corp SGP.N for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin in the second megadeal for Big Pharma in weeks.
To read more, double-click [ID:nN09437800]
** Roche Holding AG ROG.VX looks likely to seal a deal to buy out U.S. biotech group Genentech Inc DNA.N, analysts said on Monday, after the Swiss drugmaker upped its offer to $45.7 billion. [ID:nL9290475]
** MannKind Corp (MNKD.O: Cotización) said it has agreed to buy Pfizer Inc's (PFE.N: Cotización) insulin manufacturing facility at Frankfurt, Germany and related assets for $33 million, giving the company access to an immediate supply of insulin, even if is unable to acquire the facility itself. [ID:nBNG426090]
** U.S. fertilizer maker CF Industries (CF.N: Cotización) said on Monday its board has reaffirmed its intention to buy Terra Industries, while also rejecting an unsolicited bid from rival Agrium as grossly inadequate. [ID:nN09438800]
** PLDT (TEL.PS: Cotización), the Philippines' biggest listed firm, said on Monday it does not intend to shake up Manila Electric Co (Meralco) (MER.PS: Cotización) after its allied firms took a stake in the power retailer. [ID:nMAN481442] Continuación...