(Adds Reliance Capital, Brookfield Asset Management, Nimble
Storage, Astoria Financial, Fincantieri; Updates Shawbrook
March 7 The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on Tuesday:
** Sterling Bancorp said it would buy Astoria
Financial Corp in an all-stock deal valued at about $2.2
billion to create the sixth-largest regional bank in the New
York City area by deposits.
** Hewlett Packard Enterprise Co said it would buy
data storage provider Nimble Storage Inc for $1.09
billion in cash, to expand its presence in the fast-growing
flash storage business.
** Greece's second-largest lender National Bank
agreed to sell its entire 99.8 percent stake in its South Africa
Bank of Athens subsidiary to AFGRI Holdings as part of an
EU-approved restructuring plan, the bank said.
** British bank Shawbrook Group Plc said on Friday
it has received a joint offer from two private equity firms to
buy the lender less than two years since it went public, in a
deal worth 825 million pounds ($1 billion).
** Spain's Santander and Italy's Intesa Sanpaolo
said they had agreed to sell a joint 75 percent stake
in mutual fund platform Allfunds Bank for around 1.37 billion
euros ($1.45 billion) to funds GIC and Hellman & Friedman.
** Brookfield Asset Management Inc said on
Tuesday it would buy one of the two "yieldcos" of bankrupt U.S.
solar company SunEdison Inc and take a 51 percent
stake in the other, for a total of about $1.41 billion.
** Swedish mutual insurance company Folksam has sold 25.6
million shares in Swedbank, or 2.3 percent of the
total Swedbank share capital, for about $622 million, it said
late on Monday.
** Tech Mahindra Ltd, India's fifth-biggest
software services exporter, said on Monday, it would buy
U.S.-based healthcare IT consulting firm CJS Solutions Group for
an enterprise value of $110 million.
** India's Reliance Capital Ltd has sold a less
than 1 percent stake in payments and e-commerce startup One97
Communications to Alibaba Group Holding for 2.75
billion rupees ($41.25 million), a source with direct knowledge
of deal said on Tuesday.
** Italian shipbuilding group Fincantieri is moving closer
to a deal that would see it buy a stake of below 50 percent in
STX France as required by Paris, an Italian source close to the
matter said on Tuesday.
(Compiled by Akankshita Mukhopadhyay and Arunima Banerjee in