March 30, 2009 / 8:02 PM / 10 years ago

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

(Updates Surgutneftegaz; adds Sara Lee, TeliaSonera, Vattenfall and others)

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

** Sara Lee Corp SLE.N is considering the sale of its international household and personal care business after receiving some expressions of interest from potential suitors.

The business, which includes a mix of brands like Sanex body wash and Ambi Pur air fresheners, has about $2.3 billion in annual sales, or about 17 percent of the company’s total.

To read more, please click on [ID:nN30328356]

** Britain’s largest building society Nationwide said it had taken over collapsed Scottish lender Dunfermline in return for a 1.6 billion pound ($2.27 billion) payment from the UK government. [ID:nLU228838]

** The sale of Swedish utility Vattenfall’s [VATN.UL] high-voltage power grid in Germany has been delayed for a third time and is now scheduled for May, sources close to the matter told Reuters. [ID:nL0579946]

** Fifth Third Bancorp (FITB.O) said it would sell a majority interest in its payment-processing unit to private-equity firm Advent International Corp for $561 million in a bid to strengthen its capital base, sending shares up as much as 15 percent. [ID:nBNG177923]

** Prostar Germany LLP said it was still pursuing its offer to buy property investment firm Deutsche Land Plc DLD.L, which Deutsche Land rejected on Friday, and that it would continue to seek access for due diligence to finalise its offer. [ID:nBNG469280]

** Oslo-listed offshore oil services company Seadrill SDRL.OL has bought the majority of rig-backed bonds issued by fellow oilfield driller PetroMENA PMENA.OL and said that it may assist the group with financing. [ID: nLU250562]

** Consolidated Thompson Iron Mines Ltd CLM.TO said that Chinese steel maker Wuhan Iron and Steel Corp (WISCO) has agreed to make a $240 million investment in the Canadian mining company in return for a 19.9 percent stake in the company. [ID:nN30324499]

** InfoGROUP Inc IUSA.O, a provider of business information and research services, said it agreed to sell its Macro International Inc unit to ICF International (ICFI.O) in a deal valued at $155 million. [ID:nBNG153441]

** Subprime mortgage servicing firm Ocwen Financial Corp (OCN.N) agreed to sell 5.5 million shares directly to investors in a private placement for about $60 million to strengthen its liquidity position. [ID:nBNG425350]

** Turkey’s Sabanci family is buying a 15.3 percent in German airline Air Berlin AB1.DE, scooping up part of Len Blavatnik’s stake, more than two months after the U.S. billionaire sold the holding. [ID:nLT718262]

** Chinese car maker Geely Automobile Holdings (0175.HK) will pay up to about A$58 million ($40.22 million) for its acquisition of Australian automatic transmission supplier Drivetrain Systems International (DSI). [ID:nHKG66222]

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