January 25, 2008 / 10:21 AM / 11 years ago

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

(Adds Gazprom, American Greetings and others)

Jan 25 (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/])

** Beer giants Carlsberg and Heineken finally agreed to buy rival Scottish & Newcastle (S&N) for 7.8 billion pounds ($15.3 billion) to carve up Britain’s biggest brewer after a three-month takeover saga.

To read more, please double click on [nL2595556]

** Citing pressure in the home-furnishings retail sector, Restoration Hardware Inc RSTO.O said it accepted a lower price for its management-led buyout and got a loan for working capital. [nWNAS7755]

** Hedge fund Elliott Management has bought 6.23 percent of Austria’s SEZ SEZN.S, the target of a 641 million Swiss franc ($588.6 million) takeover bid by chip equipment maker Lam Research Corp (LRCX.O). [nL2590833]

** Billionaire Wilbur Ross is in serious talks to take over Ambac Financial Group Inc ABK.N, according to a media report, but broader efforts to rescue the sector will take some time, a New York state regulator said. [nN25352763]

** Ukrainian billionaire Kostyantin Zhevago is in talks to buy a majority stake in Bulgaria’s largest steelmaker Kremikovtzi KMKV.BB, its chief executive Alexander Tomov said. [nL25497206]

** BlackRock Inc (BLK.N), the largest publicly traded U.S. asset manager, will buy a 40 percent stake in India’s DSP Merrill Lynch Fund Managers Ltd, Chairman and Chief Executive Laurence Fink said. He declined to disclose financial details. [nBOM221868]

** Britain’s Imperial Tobacco IMT.L offered just 910 million euros ($1.3 billion) for the 40 percent of Spain’s Logista LOTA.MC it does not control, effectively putting the logistics company up for sale. [nL25255006]

** Mizuho Financial Group (8411.T) will form a business tie-up with India’s top bank, State Bank of India (SBI.BO), a source said, as Japan’s second-largest lender looks to capitalise on the growing Indian economy. [nT97834]

** Russia’s Gazprom (GAZP.MM) has agreed to take a 50 percent interest at Austrian group OMV’s (OMVV.VI) Baumgarten gas hub, OMV said. [nL25795440]

** Private equity firm The Carlyle Group [CYL.UL] said it has acquired the land and buildings of the Bon Sejour Grand resident-paid nursing homes for 14.6 billion yen ($136 million) from scandal-hit Japanese staffing service company Goodwill Group 4723.T. [nT108802]

** Novolipetsk Steel (NLMKq.L), Russia’s fourth-largest steel maker by volume, agreed to acquire two steel trading companies for about 77 million euros ($112.8 million) from U.S. firm United Steel Group. [nL25119972]

** Russian real estate firm RTM RTMC.MM said Swiss investment bank UBS AG UBSN.VX had increased its stake in the company to 5.02 percent. [nL25243809]

** Serbian leaders signed a deal with Russia giving Moscow control of the Serbian oil monopoly and the right to route a major European gas pipeline through Serbian territory. [nL25151424]

** Diversified Malaysian group Berjaya Corp (BGRO.KL) will buy a 36 percent stake in media group Nexnews Bhd NEXN.KL for about 139 million ringgit ($42.90 million). [nKLA007032] [nKLR73379]

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