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

miércoles 20 de febrero de 2008 22:05 CET

(Adds General Electric, Bain Capital and others)

Feb 20 (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/])

** Russian billionaire Alisher Usmanov has made a bid to merge his assets with Norilsk Nickel (GMKN.MM: Cotización) (NKELyq.L: Cotización), which could complicate plans by RUSAL to gain control of the huge Russian metals company.

To read more, please double click on [nL19567860]

** A consortium including Deutsche Bank AG (DBKGn.DE: Cotización) and Australia's Babcock & Brown is the front-runner to buy UK train operator Angel Trains from Royal Bank of Scotland for more than 3 billion pounds ($5.8 billion), sources with knowledge of the situation said. [nN19604120]

** Australian iron ore prospector Midwest Corp MIS.AX rejected a $1 billion-plus takeover proposal from its major shareholder, the Chinese commodities trader Sinosteel, emboldened by another big hike in iron ore prices this year. [nSYD75144]

** Air China (601111.SS: Cotización) (0753.HK: Cotización) is in initial talks to buy all the shares it does not already own in its cargo venture with the parent of Beijing Capital International Airport (0694.HK: Cotización), an Air China executive said. If the deal goes through, Air China would increase its stake in Air China Cargo to 100 percent from the current 76 percent. [nSHA263007]

** Nam Tai Electronics Inc NTE.N said it is in talks to sell its entire stake in its J.I.C. Technology Co Ltd (0987.HK: Cotización) affiliate to an unnamed independent third party. Nam Tai, currently holds about 75 percent of the outstanding share capital of J.I.C. [nN20353824]   Continuación...