Oct 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Sanofi has entered into talks to sell a
controlling 50% stake in its consumer health business Opella to
U.S. private equity firm Clayton Dubilier & Rice, the French
pharmaceutical group said.
** Nippon Steel ( NISTF ) said it will sell its entire 50%
stake in a joint venture steel plant it has in Calvert, Alabama,
with ArcelorMittal, if the top Japanese steelmaker's
buyout bid for United States Steel ( X ) is successful.
** Italy's Brembo said it had agreed to buy
suspension technology manufacturer Ohlins Racing for $405
million, in the premium brake maker's biggest ever acquisition.
** British holiday group Saga said that Ageas
would buy its insurance underwriting business for 67.5
million pounds ($88.1 million), and that it was in exclusive
talks to set up a 20-year partnership for motor and home
insurance with the Belgian firm.
** Singapore-headquartered private healthcare company Health
Management International, or HMI Medical, said it is acquiring a
majority stake in Advanced Urology Associates, the largest
private urology specialist group in the country.
** U.S. Senator Elizabeth Warren has asked antitrust
regulators to scrutinize a $16.5 billion deal in which Novo
Nordisk's controlling shareholder would acquire
contract drug manufacturer Catalent ( CTLT ), saying it may give
the pharmaceutical company an unlawful advantage in obesity
drugs.
(Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)