Top deals of the day - bids, mergers and acquisitions

By Editor

Nov 22, 2013 05:44 PM EST

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

The $35.1 billion tie-up of advertising groups Omnicom and Publicis will close by the middle of next year at the latest, the two groups said on Thursday, pushing the date back slightly later than expected.  

Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of contracts in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics. 

France-based multinational mass media and telecommunication firm Vivendi took a pause from big acquisitions to decide on how to spend the remaining USD14 billion from asset sales after cutting debt.

Microsoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone business, two people familiar with the matter said. 

Vince Holding Corp, formerly known as Apparel Holding Corp that is backed by Sun Capital Partners Inc had a successful IPO after raising USD 200 million in an initial public offering.

Comcast Corp and Charter Communications have held preliminary talks to discuss a joint bid for No. 2 cable operator Time Warner Cable, Bloomberg reported, citing anonymous sources. 

Green Dot Corp plans to acquire the Wal-Mart branded pre-paid debit card business from General Electric Co's GE Capital unit, the U.S. Federal Reserve said in a statement. 

Goldman Sachs Group Inc is selling its uranium trading desk, a source familiar with the matter said. 

U.S. oil company Chevron said the development of its North Sea Rosebank project was not currently economically attractive, raising doubts about a resurgence of the North Sea as fears rise over costs. 

Two private equity firms CVC and Pamplona are left in the running to acquire French construction company Materis' industrial mortars unit Parex, banking sources said. 

Norway's $810 billion sovereign wealth fund has purchased a 28 story office tower in Munich, Germany, in partnership with AXA Real Estate. 

Swiss drugmaker Novartis AG is to buy back $5 billion of its shares, offering investors a sweetener as it holds off announcing any radical change to its structure. 

U.S. hedge fund Third Point LLC has made no management proposals to Japanese telecommunications operator SoftBank Corp in conjunction with its $1 billion investment, a source close to Third Point said. 

French construction and concessions company Vinci SA has started actively working on the sale of its parking unit and could begin selecting bidders early next year, Chief Executive Xavier Huillard said. Sources close to the deal told Reuters last week that first-round bids for Vinci Park are due by end-November and are expected to value the business at around 2 billion euros ($2.69 billion). 

Reckitt Benckiser Group has hired Morgan Stanley to advise on its options for its shrinking pharmaceuticals unit, according to two sources familiar with the matter. 

Oil services firm Aker Solutions has agreed to sell its well intervention business to Swedish private equity firm EQT for an enterprise value of 4 billion crowns ($654 million), including debt, shifting its focus to deepwater operations. 

BC Partners Ltd, Onex Corp and American Securities LLC are competing for Ikaria Inc, a private equity and venture capital-backed specialty drug company that may fetch up to $2 billion, according to people familiar with the matter. 

France's Orange SA expects to announce a sale of its Dominican Republic business in the next few days for a price "significantly over" 1 billion euros, Chief Executive Stephane Richard said. 

Troubled German public-sector bank HSH Nordbank AG is in talks to sell two shipping portfolios to investors in a bid to reduce high-risk loans that prompted the bank to seek an additional bailout earlier this year. 

Credit Agricole said it had sold a 4.68 percent stake in investment fund Eurazeo for 173.9 million euros ($234 million), in an effort to bolster its balance sheet and help to meet tougher capital demands. 

Electricite de France is not seeking a change of ownership for its power grid unit RTE, EDF's Chief Financial Officer Thomas Piquemal said. 

Rhoen-Klinikum said that shareholder B. Braun secured 14 percent of the voting rights in the hospitals chain as of Nov. 21 and intended to buy more shares in the next 12 months. 

Austrian bank BAWAG PSK is in talks to sell its landmark headquarters building, it said. The 1906 building in central Vienna, designed by architect Otto Wagner, has an estimated value of 150 million euros ($202 million), according to Austrian media reports. 

Taiwan's Hon Hai Precision Industry Co Ltd, the world's largest electronics manufacturer, said it planned to invest $40 million in the U.S. state of Pennsylvania as part of its diversification away from its low-margin contract business. 

Australia's Murray Goulburn Co-operative Ltd, locked in a three-way takeover battle for fellow diary company Warrnambool Cheese and Butter Factory Co WCB.AX, said it was planning a partial share float to diversify its access to funds. 

An offer by the billionaire owner of Glorious Property Holdings Ltd to take the company private for HK$4.57 billion($589 million) is seen as an effort to save a struggling shipbuilder he founded that is laden with debt. 

Shandong Weigao Group Medical Polymer Co Ltd said it would sell its entire 21.7 percent stake in medical device maker Biosensors International Group Ltd for $312.3 million to focus on its main businesses. 

A group of consumers who have sued American Airlines' bankrupt parent over its proposed merger with US Airways Group are now objecting to a settlement that would allow that merger to go forward. 

Norwegian shipping magnate John Fredriksen is increasing his shareholding in Europe's largest tour operator TUI AG TUIGn.DE to more than 20 percent and simultaneously selling his entire stake in its TUI Travel subsidiary.  

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