January 10, 2008 / 9:05 PM / 11 years ago

UPDATE 2-Deals of the day -- mergers and acquisitions

(Adds Scottish & Newcastle, Pope & Talbot and others)

Jan 10 (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/])

** Private equity firm Blackstone Group LP (BX.N) said it would buy hedge fund GSO Capital Partners LP for up to $930 million in cash and stock, scooping up a mid-sized lender at a time when Wall Street banks’ loan operations remain pressured by the credit crunch.

To read more, please double click on [nN10105297]

** Invitrogen Corp IVGN.O said it would buy privately held CellzDirect Inc for $57 million. [nWNAS6137]

** Israeli real estate investment firm Gazit-Globe Ltd GLOB.TA said it bought a shopping centre in Sao Paulo for $31.3 million, its first entry into the Brazilian market. [nL10525572]

** The Trinidad and Tobago government sold its 80 percent shareholding in a state energy firm to U.S. independent energy company EOG Resources (EOG.N) for $20 million, Energy Minister Conrad Enill said. [nN10212186]

** Britain’s biggest brewer, Scottish & Newcastle Plc SCTN.L, rejected a raised bid from Carlsberg and Heineken at 780 pence a share, or 7.6 billion pounds ($14.9 billion), and said it would talk only if the offer was at least 800p, heightening the prospect of the bid failing. [nL10390058]

** French-Dutch property group Unibail-Rodamco UNBP.PA said it planned to sell parts of its Dutch and Belgian real estate portfolio and that discussions with potential buyers were taking place. [nL10276151]

** Russian investment firm Capital, linked to managers of oil major LUKOIL (LKOH.MM), has offered to buy out shares of power producer TGK-8 TGKH.MM for 0.035 roubles each, it announced. [nL10382350]

** Info Drive Software Ltd (IDSW.BO) said it has submitted a bid to acquire a U.S.-based information technology consulting firm. [nBMB000396]

** Swiss Maus Freres S.A., owner of the Lacoste brand, said it had bought a further 480,000 shares in bid target Gant GANT.ST, raising its stake in the Swedish firm to 29.9 percent. [nL10422877]

** Private equity fund H&Q Asia Pacific said it had acquired 85.1 percent of a Taiwan-based computer parts company wholly owned by Japanese electronic components firm Sumida Corp (6817.T). [nT312926]

** Norwegian seismic surveyor Wavefield Inseis WAVE.OL said it would ask shareholders to end a planned merger with peer TGS-Nopec (TGS.OL), knocking both companies’ shares sharply lower [nL10569374]

** Wall Street investment bank Bear Stearns BSC.N is in talks to buy around 10 percent of China’s biggest fund house, looking to tap the country’s red-hot mutual fund market, two sources with knowledge of the situation told Reuters. [nSHA279812]

** Young Broadcasting Inc YBTVA.O said it plans to sell its largest television station, KRON-TV in San Francisco, as it seeks to further its corporate initiatives. [nWNAS6184]

** Private equity firm First Reserve and two partners will buy a stake in a uranium and gold subsidiary of Harmony Gold Mining Co Ltd (HARJ.J), First Reserve said. [nN10343554]

** Pope & Talbot Inc. PTBT.PK took another step in the breakup of its struggling forestry empire, agreeing to sell three pulp mills to Indonesia’s Sinar Mas Group. [nN10212217]

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