Nov 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:
** Spain's ACS is close to striking a 23 billion euro
($26.8 billion) partnership with BlackRock's ( BLK ) Global
Infrastructure Partners to develop data centres, newspaper
Expansion reported, citing unnamed market sources.
** India's Mahindra & Mahindra will form a life
insurance joint venture with Canada's Manulife,
expanding an existing 5-year old partnership, with both
companies committing up to $400 million over the next decade.
** BP is in active negotiations with investment firm
Stonepeak over the sale of its Castrol lubricants unit,
according to two people with knowledge of the situation, in what
would be a major step in meeting the energy company's $20
billion divestment goal.
** South Korea's Lotte Chemical said it has sold
about 75% stake in its Pakistani subsidiary to Dubai-based PTA
Global Holding for 98 billion won ($68.94 million).
** Edgewell Personal Care ( EPC ) has agreed to sell its North
American feminine care business, which includes the likes of
Stayfree sanitary napkins, to Swedish health and hygiene firm
Essity for $340 million, the U.S. consumer products
firm said on Wednesday.
(Compiled by Rajarshi Roy and Jaspreet Singh in Bengaluru)