March 5, 2008 / 10:51 AM / 11 years ago

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

(Adds Ankara Dogal, Ferrovial, Lafarge, and Digimarc)

March 5 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday. (For Reuters columns on deals, click on [DEALTALK/])

** JBS (JBSS3.SA), the world’s biggest beef producer, said it had struck deals to buy two U.S. companies, Smithfield Beef Group and National Beef Packing Co, as well as Australia’s Tasman Group, for a total of nearly $1.3 billion.

To read more, please double click on [nN04542635]

** The Investment Corp of Dubai (ICD) has agreed with leading shareholders of Spanish property firm Colonial (COL.MC) on the broad terms of a 3 billion euro ($4.56 billion) takeover, Dow Jones reported. [nMDT004965]

** UK-based buyout firm Bridgepoint said it agreed to sell Tunstall Group to rival Charterhouse Capital Partners for 514 million pounds ($1.02 billion) including debt assumed by the buyer. [nL05330388]

** CITIC Securities (600030.SS), China’s top brokerage by assets, is in talks to get a bigger stake in Bear Stearns Cos Inc BSC.N to reflect a drop in the share price of the Wall Street bank since the two firms agreed to swap stakes last October, a CITIC executive said. [nPEK249755]

** International Game Technology (IGT.N) and Britain’s Cyberview Technology Inc CYBV.L said that they are in preliminary discussions that could results in IGT’s acquisition of Cyberview. [nN04542575]

** Demand Media, run by former MySpace Chairman Richard Rosenblatt, said it has purchased Web media syndication company Pluck Corp, as part of an expansion of its Internet social media business. [nN04525703]

** China Development Bank (CDB), a local partner of Barclays Plc (BARC.L), has won government approval to buy a domestic financial leasing firm, part of Beijing’s strategy to transform the lender into a commercial bank, a senior CDB executive said. [nL05786346]

** Ladenburg Thalmann Financial Services Inc (LTS.A) to acquire Punk Ziegel & Co. Terms of deal were not disclosed. [nWNAS3643]

** The Weather Channel’s sale is moving forward with bids due next week and interest is already coming from top media companies including NBC Universal, Time Warner Inc, CBS Corp and Comcast Corp, according to sources familiar with the matter. [nN04456548]

** British engineer FKI FKI.L said it had opened its books to Melrose Plc NYN.L after receiving an improved cash-and-shares bid proposal worth 500 million pounds ($993 million) including a special dividend. [nL0515692]

** Spain’s Ferrovial (FER.MC) received at least three binding offers of about 450 million pounds ($890.7 million) for its World Duty Free airport retail business earlier this week, people close to the matter said. [nL0570005]

** Turkey’s Zorlu Enerji (ZOREN.IS) won a tender for nine power generation facilities belonging to Ankara Dogal Elektrik Uretim, with a bid of $510 million, the Privatisation Administration’s deputy head said. [nL05822525]

** The holding company of Belgian billionaire Albert Frere and Paul Desmarais has raised its stake in French cement maker Lafarge LAFP.PA to just over 20 percent, France’s AMF stock market regulator said. [nL05834584]

** Software maker Macrovision Corp MVSN.O sold its stake in Digimarc (DMRC.O), a digital watermarking software provider, to a third party in a private transaction. [nWNAS3666]

** The Chief Executive of Lagardere Services, a unit of French media group Lagardere (LAGA.PA), said his group made a “binding” offer for the World Duty Free airport retail business of British airport operator BAA. [nWEB7688]

** Hedge fund Elliott Associates LP and its affiliates offered to buy Packeteer Inc PKTR.O for $5.50 a share in cash, in a deal that values the networking hardware maker at about $200.6 million. [nBNG58067]

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