February 19, 2009 / 11:06 AM / 10 years ago

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

(Adds Accenture, RiskMetrics)

Feb 19 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1430 GMT on Thursday.

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

** Thai broker BFIT Securities BSEC.BK said it received a merger proposal from a Thai unit of Singapore’s UOB Kay Hian Holdings Ltd (UOKH.SI).

To read more, double-click on [ID:nBKK141144]

** Consultancy firm Accenture Ltd (ACN.N) has hired Duff & Phelps to advise on its possible acquisition of the Asia business of BearingPoint Inc BGPT.OB, two sources familiar with the matter said. [ID:nHKG237768]

** Swiss drugmaker Roche <ROG.VX sold a record $16 billion in debt to help finance a $42 billion hostile offer for Genentech DNA.N, drawing strong demand from investors hungry for high-quality bonds. [ID:nN18277908]

Spanish construction and energy group Acciona (ANA.MC) is still in talks with Enel (ENEI.MI) over the sale of its 25 percent stake in Endesa (ELE.MC) to the Italian utility, an Acciona spokesman said. [ID:nMDT006100]

** RiskMetrics Group Inc RMG.N said it agreed to buy Innovest Strategic Value Advisors for about $16 million in cash to expand in environmental, social and governance research business. It sees the acquisition closing on March 2, and adding revenue of about $6.0 million in 2009. [ID:nBNG193109]

South Korea’s No. 2 beer maker Oriental Brewery has drawn interest from Japan’s Asahi Breweries Ltd (2502.T) and Kirin Holdings Co (2503.T) and local firm Lotte Group, in a deal worth about $700 million, a newspaper reported. [ID:nSEO218210]

Malaysian financial group BIMB Holdings Bhd (BIMB.KL) is not in talks to merge its sharia banking subsidiary Bank Islam with Maybank (MBBM.KL), BIMB said. [ID:nKLR408074]

** Brazil’s central bank said it approved a planned merger between Itau ITAU4.SA, one of the country’s largest private banks, and smaller rival Unibanco UBBR11.SA. [ID:nN18460307] (Compiled by Tina Kwan in Singapore and R.Manikandan in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below