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

jueves 6 de marzo de 2008 22:03 CET

(Adds Chelford Group and American Capital Strategies)

March 6 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Thursday. (For Reuters columns on deals, click on [DEALTALK/])

** Enel (ENEI.MI: Cotización) holds 59.8 percent of Russian power generator OGK-5 OGKE.MM after a public buyout offer, paying 2.6 billion euros ($4 billion) for the stake, the Italian power company said.

To read more, please double click on [nL0614632]

** Australia's Consolidated Media Holdings Ltd CMJ.AX said a partner in a planned A$3.3 billion ($3.1 billion) buyout of the firm had failed to secure funding, casting doubt on whether the deal will go ahead. [nSYD93184]

** Europe's top paper and board maker Stora Enso Oyj (STERV.HE: Cotización) has agreed to sell its paper merchant business to a private equity fund for about 640 million euros ($971.7 million), to focus on its production business. [nL06250305]

** UK-based oil explorer Afren Plc AFRE.L said it had agreed to buy Devon Energy Corp's (DVN.N: Cotización) oil interests in Cote d'Ivoire for $205 million. [nWLB8203]

** Clothing giant Hennes & Mauritz (HMb.ST: Cotización) said it had agreed to buy 60 percent of Fabric Scandinavien, maker of a popular jeans brand in Sweden, for 564 million Swedish crowns ($91.5 million). [nL0623018]

** China Development Bank (CDB), a local partner of Barclays Plc (BARC.L: Cotización), has won government approval to buy a domestic financial leasing firm, part of Beijing's strategy to transform the lender into a commercial bank, a senior CDB executive said. [nPEK68611]   Continuación...