The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Thursday:
** U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said. The Australian Financial Review (AFR), which first reported the approach, said Sloan was pushing to value Nine at A$3 billion ($2.9 billion).
** China's Hanlong Mining has put back by six months a target date to seal a A$1.34 billion ($1.3 billion) takeover of Australian iron ore group Sundance Resources, as Chinese investment in Australian resource projects cools this year.
** Silver Lake and Partners Group have agreed to buy Swiss-based tax-free shopping business Global Blue for 1 billion euros ($1.3 billion) from rival Equistone.
** Russia's Sberbank is hopeful a stake sale in it, as part of the nation's wider privatisation programme, will happen this year, Chief Executive Officer German Gref told Kommersant daily on Thursday.
** Japan's loss-making Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics.
** Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said, adding to the insurer's list of Asia divisions it is selling as part of a global plan to raise money to protect against its euro zone exposure.
** Deutsche Telekom believes a complete sale of its T-Mobile USA unit is unlikely, the company told shareholders on Thursday, as it continues its search for a long-term solution for the troubled business.
This article is copyrighted by Reuters
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