Deals of the day- Mergers and acquisitions

Tue Oct 15, 2013 10:32am EDT
 
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Oct 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday:

** Spanish telecoms company Telefonica is exploring options for its Czech business, which could include a sale, and is in talks with Czech investment group PPF, it said. Reuters cited banking sources on Monday as saying Telefonica was set to sell its $3.6 billion stake in Telefonica Czech Republic , with PPF the most likely buyer.

** Japanese mobile phone carrier SoftBank Corp and part-owned subsidiary GungHo Online Entertainment Inc will buy 51 percent of Finnish smartphone game maker Supercell for 150 billion yen ($1.50 billion), the Nikkei newspaper reported.

** Siemens AG is in advanced talks to sell its water technologies unit to private equity group AEA Investors for about $800 million, two people familiar with the transaction said. The industrial conglomerate said at the time it wanted to focus on its most profitable assets - its fossil power generation business, which makes gas turbines and power plants, and its industrial automation business.

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