Dec 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Monday:
** Hong Kong telecommunications company HKBN ( HKBNF ) said
it has received a rival non-binding indication from U.S. private
equity firm I Squared Capital for a possible
takeover.
** Britain's Supreme has bought out the loss-making
tea brand Typhoo Tea from administration in a 10.2 million pound
($12.94 million) deal, the fast-moving consumer products seller
said.
** Russian supermarket chain Lenta said it had
acquired Russia's second-largest chain of pharmacy stores for an
undisclosed sum, adding over 1,500 stores to Lenta's portfolio
and giving the company a foothold in Russia's cosmetics
market.
** Australia's No. 1 telecom firm Telstra Group ( TTRAF )
said it had acquired prepaid mobile services provider and
long-running network partner Boost Mobile to consolidate its
operations under one offering.
** Australian gold miner Northern Star Resources ( NESRF )
said it will buy De Grey Mining ( DGMLF ) in an all-share deal
valuing the smaller miner at A$5 billion ($3.3 billion) as high
gold prices spur consolidation in the sector.
** Swiss cement maker Holcim will exit its Nigerian
business through the sale of its almost 84% stake in Lafarge
Africa to China's Huaxin Cement in a $1
billion deal, it said on Sunday.
(Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)