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Deals of the day-Mergers and acquisitions

Published 14/06/2017, 11:30 pm
© Reuters.  Deals of the day-Mergers and acquisitions
TELIA
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TLGNc
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GLEN
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HEXABs
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MFON
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(Adds Permira, Telia, SS&C Technologies, Telegraaf Media Group)

June 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** Swedish measurement technology and software firm Hexagon AB HEXAb.ST has held talks on a possible sale to a U.S. or European rival which could value the company at about $20 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A Japanese government-led consortium bidding for Toshiba Corp's 6502.T chip business will include South Korean chipmaker SK Hynix Inc 000660.KS , sources familiar with the matter said - a move likely to add firepower to the group's bid in the hotly contested auction. Verizon Communications Inc (NYSE:VZ) VZ.N said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc 's YHOO.O core business and that Marissa Mayer, chief executive of the internet company, had resigned. The Brazilian government wants to speed up the privatization of Infraero, its agency responsible for operating the country's main commercial airports, a source with knowledge of the matter told Reuters. Financial software and services provider SS&C Technologies Holdings Inc SSNC.O recently contacted several private equity firms to gauge interest in a buyout, Bloomberg reported. Toyota Motor Corp 7203.T may consider mergers or acquisitions to procure new automotive technologies, including self-driving technologies, the company's president said, adding that it had to compete more aggressively against its rivals. Glencore GLEN.L will pitch its $2.55 billion bid for Rio Tinto 's RIO.AX , RIO.L Australian Coal & Allied unit directly to Rio Tinto's board in Canada, two sources familiar with the matter told Reuters. China's Fosun International Ltd 0656.HK joined the race for Faberge owner Gemfields Plc GEM.L with an approach that valued the London-listed company at 225 million pounds ($288 million). Six international companies and funds have made it to the second round of bidding for buyout group Permira's PERM.UL 61.3 percent stake in Israeli irrigation firm Netafim, Israel's Calcalist financial newspaper said. Nordic telecom operator Telia Company TELIA.ST is looking to sell part of its 25 percent stake in Russian mobile operator MegaFon MFON.MM , a source familiar with the matter told Reuters. Dutch tycoon John de Mol has made a 300 million euro ($336 million) bid for Telegraaf Media Group (TMG) TLGNc.AS through his investment vehicle Talpa, the latest twist in a battle for control of the top-selling newspaper in the Netherlands.

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