Jan 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1320 GMT on Friday:
** Monte dei Paschi di Siena has launched a
13.3 billion euro ($14 billion) all-share buyout offer for
merchant bank Mediobanca, just over seven years after
Italy rescued the Tuscan bank to avert a wider crisis.
** The unit of Blackstone dedicated to
investments in the energy industry has agreed to acquire Potomac
Energy Center, the asset manager told Reuters on Thursday, in a
deal symbolizing the allure to investors of power plants sited
near data centers.
** Tata Electronics said it has bought a 60% stake in
Taiwanese contract manufacturer Pegatron's India unit that
operates an iPhone plant, beefing up the Tata group firm's
position as an Apple supplier in a fast growing market.
** Spanish defence and technology company Indra was
set to buy satellite operator Hispasat from Redeia for
650 million euros ($679 million) to expand in the space
industry, daily newspaper El Pais reported , citing unnamed
sources with knowledge of the situation.
** Commonwealth Bank of Australia ( CBAUF ) said it will
sell its remaining 5.45% stake in Bank of Hangzhou
to New China Life Insurance for gross proceeds of
about A$940 million ($593.4 million).
** Norwegian branded consumer goods group Orkla ( ORKLF )
said it had agreed to sell its hydro power portfolio in two
separate transactions for 6.1 billion crowns ($543.78 million)
in total.
** Brazilian state-run oil company Petrobras said
on Thursday that it had started the binding phase of the process
to sell its 25% stake in the offshore Tartaruga oil field,
according to a securities filing.
** Unity Partners-backed P&C insurance brokerage Tropolis
has acquired BDMH Enterprises, Follmer Insurance Services,
Madigan Pingatore Insurance Agency and R&A Insurance.
(Compiled by Rajarshi Roy and Anshuman Tripathy in Bengaluru)