Deals of the day -- mergers and acquisitions

(Adds Sunoco, Carlyle Group and others)

May 18 (Reuters) - The following bids, mergers, acquisitions and disposals, involving U.S., European and Asian companies were reported by 2000 GMT on Wednesday.

** A n affiliate of H yatt H otels C orp < H . N > is buying three hotels in C alifornia that will carry the company’s S ummerfield S uites brand, H yatt said on W ednesday. [id:nn18285582]

** Constellation Brands Inc would evaluate an acquisition of Australia’s Treasury Wine Estates if the newly independent Treasury was up for sale, Constellation’s C hief E xecutive said on Wednesday. [ID:nN18283410]

** Oil refiner Sunoco Inc said on Wednesday it would sell a chemicals plant in Philadelphia to Honeywell International for about $85 million and take a charge of $125 - $150 million. [ID:nN18241536]

** General Mills plans to buy a controlling stake in French yogurt maker Yoplait for 810 million euros ($1.15 billion), securing its U.S. distribution rights to one of the best-selling global yogurt brands. [ID:nN18240834]

** Private equity firm Carlyle Group and its Brazilian partner may raise $1 billion with the sale of stock in CVC, a Brazilian tourism company, the newspaper Valor Economico reported on Wednesday. [ID:nN18261000]

** Clearwire Corp has chosen Ericsson ERICb.ST to take over management of its high-speed wireless network to help it cut costs, the service provider said on Wednesday. [ID:nN18242063]

** Caixa Economica Federal, Brazil’s biggest mortgage lender, is in talks to boost its stake in Cielo to at least 10 percent to expand in the lucrative card payment processing market, a source with direct knowledge of the situation told Reuters. [ID:nN18192502]

** The chief executive of Canadian grain handler Viterra declined to comment on Wednesday on his company’s possible interest in acquiring GrainCorp , a leading Australian grain handler that market watchers see as a takeover target. [ID:nN18254863]

** Diversified U.S. manufacturer Tyco International Ltd is closing in on a $110 million acquisition of an unspecified target, Chief Executive Ed Breen told investors on Wednesday. [ID:nN18253809]

** HealthSouth Corp , a leading U.S. operator of rehabilitation hospitals, said it will sell six of its long-term acute care hospitals to LifeCare Holdings Inc for $120 million, and will use the proceeds to pay off debt. [ID:nL4E7GI26F]

** U.S. private equity firm TPG has pulled out of a potential consortium that was to have bid for a 25 percent stake in Malaysian lender RHB Capital , sources with knowledge of the deal told Reuters. [ID:nL4E7GI2EY]

** Insurer Allstate Corp said it agreed to buy Esurance and Answer Financial from White Mountains Insurance Group for about $1 billion. Allstate will pay about $700 million plus the tangible book value of the companies at the close of the deal.[ID:nL4E7GI226]

** Spanish infrastructure group Abertis has sold its car parking and logistics units to a consortium led by investment group Torreal in a 400 million euro ($571 million) deal. [ID:nLDE74H06J]

** Poland’s plan to raise as much as 1.44 billion zlotys ($523 million) selling its stake in Bank BGZ flopped on Wednesday when it raised just 312 million zlotys selling only a third of its 37 percent holding.

Market players said the government had a difficult time finding buyers for BGZ, controlled by Dutch lender Rabobank , because of its relatively lacklustre performance and demanding multiples.[ID:nLDE74H08T]

** British oil services and engineering group AMEC said it had agreed to buy U.S. engineering firm MACTEC for $280 million in a bid to boost its presence in North America. [ID:nLDE74H070]

** Suedzucker , Europe’s largest sugar company, is to buy a 25 percent stake minus one share in British commodities trading company ED&F Man for $255 million as part of a capital increase. [ID:nLDE74H0G2]

** Nobel Learning Communities Inc , which operates a chain of preschools, elementary and middle schools, said it agreed to be acquired by private equity firm Leeds Equity Partners for about $124.7 million. [ID:nL4E7GI21R]

** Susanne Klatten, Germany's richest woman, bought a blocking minority stake in SGL Group to keep Volkswagen VOWG_p.DE at bay in a tussle over influence at the carbon fibre specialist. [ID:nLDE74H0CS]

** Shareholders in Tully Sugar Ltd, one of Australia’s largest remaining independent sugar millers, have voted for a proposal to scrap a 20 percent ownership limit, opening up the prospect of a new round of restructuring in the country’s sugar industry. [ID:nL4E7GI028] (Compiled by Aditi Sharma and Aniket Basu in Bangalore)


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