January 18, 2008 / 10:05 AM / in 12 years

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

(Adds SP Newsprint, Talisman Energy and others)

Jan 18 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Friday.

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

** Britain’s BAE Systems Plc (BAES.L) is buying Australian defence contractor Tenix Defence for up to A$775 million ($680 million) in cash, aiming to more than double its presence in the country. To read more, please double click on [nSYD177822]

** Lafarge LAFP.PA shareholders overwhelmingly approved a resolution allowing the French cement group to issue new shares to help finance its agreed 8.8 billion euro ($12.9 billion) takeover of Egypt’s Orascom Cement. [nL18651092]

** Food distributor Performance Food Group Co PFGC.O said it agreed to be acquired by private equity firms Blackstone Group (BX.N) and Wellspring Capital Management for about $1.3 billion in cash. [nN18301274]

** Spanish telecoms giant Telefonica (TEF.MC) said it had agreed to buy another 2.22 percent of China Netcom (0906.HK) for about 309 million euros ($453 million) to take its stake in the company to 7.22 percent. [nL18535477]

** SP Newsprint Co, a privately held producer of newsprint, said it agreed to be bought by certain affiliates of Peter Brant, who is the controlling shareholder of White Birch Paper Co, for $350 million in cash. [nWNAS6980]

** Transatlantic exchange NYSE Euronext NYX.PANYX.N said it agreed to acquire the American Stock Exchange (Amex) for $260 million in stock to boost its options business, exchange traded funds (ETFs) and cash products. [nN17259645]

** Independent News & Media INME.I said it had agreed to buy Clear Channel Outdoor’s (CCO.N) 50 percent interest in Africa’s largest outdoor advertising company for 86.6 million euros ($126.9 million). [nWLB5916]

** Britain’s Cadbury Schweppes CBRY.L said it had agreed to sell sugar confectionery and popcorn maker Monkhill to Tangerine Confectionery Ltd for 58 million pound ($114 million) cash. [nL18871887]

** Talisman Energy Inc TLM.TO, Canada’s No. 3 independent oil producer, is buying junior energy firm RSX Energy Inc RSX.V for about C$94 million ($91 million) to increase its interests in northwestern Alberta. [nN18334400]

** MFS Ltd MFS.AX, an Australian financial services and property group, said it would split its businesses into two listed companies, possibly clearing the way for rival City Pacific Ltd CIY.AX to buy its funds management business. [nSYD258076]

** Aeroplan Income Fund AER_u.TO unit Loyalty Management Group has boosted its stake in Rewards Management Middle East Ltd, operator of Air Miles programs in Qatar, United Arab Emirates and Bahrain, for 5.3 million pounds (C$10.8 million), Aeroplan said. [nN17257169]

** Temptation Foods Ltd TMPF.BO said it had acquired 70 percent stake in Aptsource Software Pvt Ltd for an undisclosed sum. [nBMB000540]

** French utility Suez LYOE.PA and Spanish holding company Criteria CRIT.MC bought 33.55 percent of water utility Aguas de Barcelona AGS.MC in a takeover bid, data filed with Spain’s market regulator showed. [nMDT004769]

** IBM (IBM.N) said it agreed to acquire Toronto-based Net Integration Technologies Inc, a privately held provider of business server software services for small businesses, without disclosing any financial details. [nWNAS6925]

** ASV Inc ASVI.O shareholder Terex Corp (TEX.N) disclosed a 19.9 percent stake in the maker of rubber track loaders. [nWNAS6966]

** Hair salon operator Regis Corp (RGS.N) said it reached an agreement to buy the PureBeauty and BeautyFirst salon operations. [nN18319156] (Compiled by Tina Kwan in Singapore; Sharangdhar Limaye and Sreerupa Mitra in Bangalore)

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