Deals of the day -- mergers and acquisitions

Fri Jun 7, 2013 4:01pm EDT
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June 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** SoftBank Corp is in talks with Deutsche Telekom AG over a possible deal for T-Mobile US Inc, as the Japanese company looks for alternatives to enter the U.S. wireless market if its $20.1 billion deal with Sprint Nextel Corp falls apart, according to three sources familiar with the situation.

** Royalty Pharma on Friday raised its hostile bid for Irish drug firm Elan to a potential $8 billion, the third increase in five months.

** Brazilian homebuilder Gafisa SA agreed to sell a 70 percent stake of its high-end Alphaville unit to private equity firms Blackstone Real Estate Advisors LP and Patria Investimentos Ltda for 1.4 billion reais ($657 million), according to a securities filing on Friday.

** Spain's CaixaBank SA has sold a 3.7 percent stake in Carlos Slim's Grupo Financiero Inbursa SAB de CV for 387 million euros ($511 million) to the Mexican billionaire's family, part of a move to shed assets and shore up capital.   Continued...