Deals of the day - mergers and acquisitions

venerdì 23 settembre 2011 22:48
 

(Adds LVMH, Transatlantic Holdings, Yara International)

Sept 23 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2045 GMT on Friday:

** LVMH , the world's biggest luxury group, said on Friday it controls 98.09 percent of Italy's Bulgari after minority shareholders tendered their shares as part of its 3.7 billion euro ($5 billion) offer for the high-end jeweler.

** Reinsurers Transatlantic Holdings and Validus Holdings have signed a confidentiality agreement and will exchange information as a prelude to buyout talks, the companies said on Friday.

** The chief executive of Yara International ASA , the world's largest nitrogen fertilizer maker, says he is interested in again trying to buy an American rival.

Yara failed last year to buy Terra Industries Inc, a large American fertilizer maker that eventually was bought by CF Industries Holdings Inc for nearly $5 billion.

** Akfen Holding is evaluating strategic options in its units including the possible sale of its stake in Turkish airport operator TAV Havalimanlari Holding , sources familiar with the matter told Reuters.   Continua...