Deals of the day -- mergers and acquisitions

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The following bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies were reported by 1010 GMT on Monday:

** B/E Aerospace said it would buy aerospace logistics company Interturbine for about 200 million euros ($251 million) in cash to boost its offering in its consumables product portfolio.

** Suzlon Group, which controls wind-turbine maker Suzlon Energy, said on Saturday it will sell stake in its China manufacturing unit to China Power New Energy Development Co Ltd for 3.4 billion rupees ($60 million).

** Delta Air Lines took the keys to the Trainer, Pennsylvania, refinery from Phillips 66 on Friday, becoming the first air carrier to wade into fuel production in a bid to bring down costs.

The deal, which revived the shuttered 185,000 barrel-per-day plant and eased fears of a fuel supply shortfall in the U.S. Northeast, was finalized late Friday afternoon, company officials said.

** Thomson Reuters Corp said it has acquired privately held Zawya Ltd, an online service supplying business information in the Middle East and North Africa.

** Private equity firm Cinven said it reached an agreement to acquire a majority stake in Pronet Guvenlik, a leading provider of security alarm systems in Turkey, from local private equity group Turk Ventures and the Dutch Development Bank. It also agreed to buy Prezioso Technilor, a French maker of anti-corrosion paints and coatings for use in the oil, gas and nuclear industries, from Indigo Capital.

This article is copyrighted by Reuters

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