January 24, 2008 / 10:05 AM / 11 years ago

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

(Adds Saint-Gobain, Allis-Chalmers Energy and others)

Jan 24 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Thursday.

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

** South Korean trading and construction company, Samsung Corp 000830.KS, said it won an auction to buy 100 percent of Japan’s Myodo Metal Co Ltd for an undisclosed sum.

To read more, please double click on [nT128343]

** Carlsberg (CARLb.CO) and Heineken (HEIN.AS) are set to agree a 7.8 billion pound ($15.3 billion) bid for Scottish & Newcastle (S&N) SCTN.L after being granted an extra 24 hours to put final touches to a deal. [nL24225417]

** The Islamic Bank of Asia, majority-owned by Singapore’s DBS Bank (DBSM.SI), may buy a stake in a Malaysian Islamic bank as it looks to enter Asia’s biggest and most developed Islamic financial market. [nKLR324365]

** UniCredit (CRDI.MI) has finalised its purchase of Ukrainian bank Ukrsotsbank, via its Austrian arm Bank Austria Creditanstalt, in a deal worth 1.53 billion euros ($2.2 billion), the Italian bank said. [nL24286014]

** Apartment owner Post Properties Inc PPS.N said former CEO John Williams teamed up with a Canadian pension fund in an unsolicited bid of about $2.0 billion for the company, sending its shares up 16 percent. [nBNG336513]

** Saint-Gobain (SGOB.PA) expects to complete the sale of its packaging unit during 2008, the French conglomerate’s chief said, predicting the sale would be made in “good conditions” despite a troubled credit market. [nL24154810]

** The family that controls Singapore’s Oversea-Chinese Banking Corp (OCBC.SI) made a $1.3 billion counter bid for commodities and property firm Straits Trading (STCM.SI), pitting it against the family of the bank’s former chairman. [nSIN154862]

** Shares in Malaysian oil-services firm Ramunia Holdings Bhd RAMU.KL jumped, after it accepted a $970 million reverse takeover bid from state-controlled shipper MISC Bhd (MISC.KL). [nKLR11787]

** Sintonia, a holding company of Italy’s Benetton family, bought 16.2 million shares at 21 euros a share each, for about 340 million euros ($498.2 million), in Italian highway manager Atlantia (ATL.MI), Sintonia said in a regulatory filing. [nMAT007732]

** Oilfield services company Allis-Chalmers Energy Inc ALY.N agreed to buy Bronco Drilling Company Inc BRNC.O for about $437.8 million in cash and stock to gain a firmer foothold in the United States and expand in the Latam and African markets. [nBNG46396]

** Philippine pension fund Social Security System (SSS) said it has sold a 15 percent stake in the country’s second-largest bank for 17.3 billion pesos ($420 million) to SM Investments (SM.PS) after a court cleared the transaction. [nMAN36535]

** Pyramid Saimira Theatre Ltd PYSA.BO said it had acquired a majority stake in U.K.-based gaming company Aurona Technologies. The deal value was not given in the statement to the stock exchange. [nBMB000646]

** State-owned property developer Nakheel, which is building palm tree-shaped islands off Dubai’s coast, said it had raised its stake in Australia’s Mirvac Group Ltd (MGR.AX) to about 12.5 percent. [nL24212486]

** French wines and spirits group Pernod Ricard (PERP.PA) said it would acquire small French aperitif maker Lillet and reaffirmed its interest in Absolut vodka despite the continuing turbulence in credit markets. [nL24653304]

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