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

martes 9 de septiembre de 2008 22:11 CEST
 

(Adds Rio Tinto, Informa, Anixter Intl)

Sept 9 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Tuesday.

(For Reuters columns on deals, click on [DEALTALK\])

** Norway's sovereign wealth fund has sold its entire $850 million stake in mining group Rio Tinto (RIO.AX: Cotización)(RIO.L: Cotización), blaming it for environmental damage in Indonesia, the government said. To read more, please double click on [ID:nL8728522]

** A consortium of private equity companies interested in buying British publishing and conference group Informa (INF.L: Cotización) must announce a firm intention to make an offer or walk away by Sept. 26, Britain's takeover panel said. [ID:nWLA9308]

** A top shareholder in Daewoo Shipbuilding and Marine Engineering Co Ltd (042660.KS: Cotización) said it received four preliminary bids for a majority stake in the world's No. 3 shipbuilder. [ID:nSEO298368]

** Shares in German drugs and chemicals group Bayer BAYG.DE rose nearly 4 percent on market talk of takeover interest from U.S. rival Pfizer (PFE.N: Cotización), traders said. [ID:nL9358237]

Anixter International Inc (AXE.N: Cotización) said it signed a letter of intent to acquire the assets and operations of World Class Wire & Cable Inc for about $62 million in cash. [ID:nWNAB0274]

** Drug development software maker Pharsight Corp PHST.O agreed to be bought by privately held Tripos International for about for about $57 million in cash, the companies said in a joint statement. [ID:nBNG71550]

** BG Group Plc admitted defeat in its $11 billion hostile bid for Australia's Origin Energy Ltd, leaving market players to speculate who BG may target next or whether the UK gas producer will become a target itself. [ID:nL9292311] (Compiled by Tina Kwan in Singapore, Aftab Ahmed and Amiteshwar Singh in Bangalore)