September 12, 2008 / 9:03 AM / 10 years ago

UPDATE 1-Deals of the day -- mergers and acquisitions

(Recasts; adds Lehman, Deutsche Postbank)

Sept 12 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Friday.

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

** Deutsche Bank (DBKGn.DE) is poised to swoop on rival Postbank DPBGn.DE in a two-part takeover valuing the retail lender at roughly $13 billion, sources with direct knowledge of the matter said. To read more, please double click on [ID:nLC403556]

** Shenyang Machine Tool (Group) Co intends to proceed with the sale of a 30 percent stake to U.S.-based Jana Partners LLC, a subsidiary of the Chinese firm said, denying a media report the deal was dead. [ID:nSHA344803]

** Lehman Brothers Holdings Inc LEH.N was forced into talks about a possible sale after the Wall Street investment bank’s shares plunged more than 40 percent on Thursday, raising questions about its survival. [ID:nSP6809] (Compiled by Tina Kwan in Singapore, Aftab Ahmed in Bangalore)

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