Sept 25 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 0930 GMT on
Wednesday:
** The German government has ruled out increasing its stake
in Commerzbank again in the takeover dispute with
Italy's Unicredit during a meeting of the
parliamentary finance committee, lawmaker Michael Schrodi
said.
** South Korea's Hanwha Ocean said in a regulatory filing
it has halted talks to acquire Australian
shipbuilder Austal ( AUTLF ).
** British real estate portal Rightmove ( RTMVF ) rejected a
sweetened $8.1 billion takeover proposal from Australian
property listing firm REA Group ( RPGRF ), saying the increased
bid was still "unattractive".
** British homeware retailer Dunelm's ( DNEMF ) top
shareholder, Will Adderley, and his private investment firm have
sold a 4.9% stake in the company for 114 million pounds ($152.92
million) to institutional investors, bookrunner Barclays said on
Tuesday.
** KKR & Co ( KKR ) and Singapore sovereign wealth fund GIC
have appointed Bank of America ( BAC ), Jefferies, and
UBS to sell their majority stake in the Philippines'
Metro Pacific Health in a deal that could value the company at
$3.2 billion, three people with knowledge of the matter
said.
** Country Garden Services ( CTRGF ), the property services
arm of Chinese property developer Country Garden ( CTRYF ), said
it agreed to sell its 1.49% stake in Zhuhai Wanda Commercial
Management for 3.14 billion yuan ($446.54 million).
(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)