(Adds Sun Capital Partners)
May 19 The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Friday:
** U.S. private equity firm Sun Capital Partners has
appointed Morgan Stanley to sell Aclara Technologies, a
provider of smart meters to almost 800 utility customers,
sources familiar with the matter said.
** Spain's biggest bank Santander or state-owned
lender Bankia are most likely to step in to save
troubled Banco Popular, sources familiar with the talks
told Reuters, although a deal is still far from guaranteed.
** Chinese private equity investor CDH Investments is
selling a 6 percent stake in WH Group Ltd, the world's
largest pork supplier, in a deal that will raise up to $743
million, according to a term sheet seen by IFR.
** RWE and Engie are studying a
possible share swap that could create a Franco-German giant in
power grids, renewables and energy services with a market value
of about 50 billion euros ($55.8 billion).
** Mining group Pallinghurst Resources Ltd, the
largest shareholder of precious stones miner Gemfields Plc
, offered to buy out the remaining 52.91 percent it does
not already own for about 111.9 million pounds ($145.2 million).
** U.S. investment firm Starwood Capital has put French
crystal maker Baccarat up for sale and the best offer
so far has come from a Chinese group, French daily L'Agefi said,
citing several sources.
** Suitors including private equity firms KKR & Co LP
, Bain Capital and U.S. chip maker Broadcom Ltd
are lining up for Toshiba Corp's semiconductor
business, sources familiar with matter said ahead of a deadline
for second-round offers.
** French satellite operator Eutelsat has agreed to
sell its 33.69 percent stake in Spanish business Hispasat to
majority shareholder Abertis for 302 million euros
** Alibaba Health Information Technology Ltd said
controlling shareholder Alibaba Group Holding Ltd would
sell HK$3.8 billion ($488.3 million) worth of health food and
nutritional products businesses to the company, further
developing it into Alibaba's healthcare flagship platform.
** Power producer Vistra Energy Corp has proposed to
take over debt-laden rival Dynegy Inc, the Wall Street
Journal reported on Thursday, citing people familiar with the
** South Korea's SK Hynix Inc said it will
submit a final bid for Toshiba Corp's memory chip
business as part of a consortium.
** The private equity groups behind a hostile bid for
British challenger bank Shawbrook Group said they had
backing from investors holding 45.1 percent of its shares, and
were extending the offer period.
** U.S. buyout firm TPG Capital Management said it would
make a commitment to editorial independence if it succeeds in
its A$2.76 billion ($2.05 billion) offer for Australia's oldest
newspaper publisher, Fairfax Media Ltd.
** Australia's two biggest billboard companies called off a
deal in which APN Outdoor Group Ltd would buy rival
oOh!media Ltd for A$735 million ($544.9 million), after
the antitrust regulator raised concerns.
** Japanese chemicals maker Daicel Corp and auto
parts maker Toyoda Gosei Co said they will invest 1
billion yen ($9 million) in each other's equity, deepening ties
as both companies expand their global air bag businesses.
(Compiled by Sruthi Shankar and Akankshita Mukhopadhyay in