Deals of the day -- mergers and acquisitions

By Staff Reporter

Jun 11, 2012 09:05 AM EDT

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1020 GMT on Monday.

** Private equity group EQT agreed to buy German bandage and plaster cast maker BSN Medical for about 1.8 billion euros ($2.2 billion), sealing one of the largest buyouts in Europe this year.

** French set-top maker Technicolor SA has rejected a revised offer from a JPMorgan Chase investment fund to buy a 30 percent stake for 179 million euros ($223 million) and opted instead for the original, lower offer which it said was better structured.

** Goldman Sachs is close to signing a deal to sell its hedge fund administration business to U.S. bank State Street Corp, a source familiar with the situation said. The combined business would oversee funds of close to $700 billion, although no formal agreement has been reached, the source added.

** American Airlines still plans to exit bankruptcy at the end of this year but is not concentrating on a merger currently despite pressure from unions to forge a combination with US Airways, American Airline's chief executive said on Monday.

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