August 4 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:
** Singapore's sovereign wealth fund GIC will acquire a 25%
stake in a fibre optic broadband venture between MasOrange,
partly owned by France's Orange, and Vodafone Spain,
which is owned by Britain's Zegona Communications ( ZEGLF ), the
three companies said.
** Bahrain's sovereign wealth fund, Mumtalakat, has acquired a
stake in BlueFive Capital, the Abu Dhabi-based private equity
firm said.
** Mitsubishi ( MSBHF ) has made an offer to increase its
stake in Thai Union Group Public Company Limited, a
major canned tuna producer, to 20% from 6.19%, both companies
said on Monday, as the Japanese trading house expands further
into the food business.
** Australia's BlueScope Steel ( BLSFF ) said on Monday it
has assembled a heavyweight consortium of global steelmakers to
bid for Sanjeev Gupta's troubled Whyalla Steelworks, over a
month after the local government formally opened a sale process.
** China Mobile, the world's biggest wireless
carrier by users, said it had bought a 14.4% stake in Hong
Kong-based broadband service provider HKBN ( HKBNF ) for HK$1.08
billion ($137.58 million).
** Australia's Medallion Metals said it has negotiated
the terms for the acquisition of Forrestania nickel operation in
Western Australia from IGO in exchange for a royalty.
** Amphenol ( APH ) is nearing a deal to buy communication
network infrastructure provider CommScope Holding's ( COMM )
connectivity and cable unit, in a deal valued at roughly $10
billion including debt, the Wall Street Journal reported on
Sunday, citing people familiar with the matter.
(Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)