September 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Italian energy group Eni has completed the sale of a
30% stake in the Ivory Coast's Baleine offshore project to
global commodity trader Vitol, it said in a statement.
** HSBC ( HSBC ) has agreed to sell its retail banking
operations in Sri Lanka to local peer Nations Trust Bank, the
lender said.
** Citigroup ( C/PN ) has agreed to sell a 25% stake in Grupo
Financiero Banamex to a company owned by Mexican billionaire
Fernando Chico Pardo and his family, marking a step toward
Citi's plan to take the unit public.
** Chongqing Qianli Technology said its key
shareholder has agreed to transfer a 3% company stake, valued at
1.34 billion yuan ($187.90 million), to Mercedes-Benz Group.
.
** Any final agreement between Italy's top insurer Generali
and France's BPCE to combine their asset management
businesses will be subject to prior approval by the insurer's
board of directors, Generali said.
** Shareholders in Italy's Saipem approved on Thursday
a planned merger with Norwegian rival Subsea7, paving
the way to the creation of a leading global player in offshore
energy services.
(Compiled by Rajarshi Roy and Parth Chandna in Bengaluru)