October 30, 2008 / 9:09 AM / 10 years ago

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

(Updates Alitalia, adds Porshe, ICE and others)

Oct 30 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Thursday.

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

** Top miner BHP Billiton Ltd’s (BHP.AX) chief executive ruled out adding a cash sweetener to its all-share $69 billion offer for rival Rio Tinto Ltd (RIO.AX), saying financial turmoil hitting commodity markets was no reason to change.

To read more, please double-click on [ID:nSYD147970]

** The 2 billion pound purchase of UK train leasing company Porterbrook by a consortium of investors is being backed by a financing package of around 1.5 billion pounds ($2.4 billion), banking sources said.

The consortium that has acquired Porterbrook from Abbey comprises Antin Infrastructure Partners — an infrastructure fund sponsored by BNP Paribas (BNPP.PA) — Deutsche Bank (DBKGn.DE) and Lloyds TSB (LLOY.L). [ID:nLU689672]

** Norway’s biggest banking group DnB NOR DNBNOR.OL is not interested in acquiring Swedish investment bank Carnegie CAR.ST or remnants of Icelandic bank Kaupthing in Sweden, DnB’s chief financial officer said. [ID:nOSN001681]

** Spanish savings bank BBK and Kutxa, another regional bank based in the Basque Country have agreed to merge, BBK said on Thursday in a deal that had been expected. [ID:nMDT005747]

** Newcrest Mining Ltd (NCM.AX), Australia’s largest gold producer, sees ample acquisition opportunities ahead and its low debt levels mean it has the firepower to take advantage of them, it said. [ID:nSYD376514]

** Italian broadcaster Mediaset (MS.MI) could make a binding offer for Spanish pay-TV company Digital+, Mediaset Chairman Fedele Confalonieri said. [ID:nLU680260]

** The head of Mazda Motor Corp (7261.T) said he did not expect any change in the Japanese automaker’s relationship with Ford Motor Co (F.N), amid reports that the struggling U.S. automaker would sell part of its controlling stake. [ID:nTKG003060]

** British billing and support systems company Intec Telecom Systems Plc ITL.L said it ended talks about a potential offer for the company, given current market volatility and the fact that it had not received a suitable offer. [ID:nBNG320944]

** The Italian investor group planning to buy Alitalia AZPIa.MI warned on Thursday it would walk away from the deal if the bankrupt carrier’s unions failed to get on board with new work contracts under the takeover. [ID:nLU319366]

** Italian utility Enel (ENEI.MI), which controls Russian power producer OGK-5 OGKE.MM, is eyeing Russian coal assets for acquisition in the medium to long term, an Enel official said. [ID:nLU256342]

** Private equity firm Carlyle Group [CYL.UL] is expected to bid for Lehman Brothers Holdings Inc’s LEHMQ.PK investment management division, a source familiar with the matter said. [ID:nN30193987]

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