The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Monday:
** Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker, a source with direct knowledge of the deal said, paving the way for the U.S. company to more than double its global market share.
** The buyer group for private equity fund MBK Partners' Taiwan cable television business said on Monday it might have to pull out of the $2.4 billion deal because of delays in the regulatory approval that it said had cost it an extra $300 million.
** Japanese trading house Marubeni Corp is interested in buying U.S. grain and energy trader Gavilon, but no progress has been made in talks, President Teruo Asada said on Monday.
** Dutch food ingredients company CSM has put its bakery supplies unit up for sale to focus on more profitable bio-ingredients used in a range of goods from salad dressings and household detergents to icings and cake fillings.
** Shares in Egypt-based investment bank EFG Hermes rose on Monday following the announcement of an agreement with Qatar's QInvest to form a region-wide investment bank.
QInvest will control 60 percent of the new bank, which will be called EFG Hermes Qatar, and will provide $250 million to increase its capital.
** Indian drugmaker Elder Pharmaceuticals is exploring options to sell its nutrition products business, two sources with direct knowledge of the development said.
This article is copyrighted by Reuters
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