Deals of the day- Mergers and acquisitions

Thu Oct 17, 2013 4:02pm EDT
 
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Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

** Italy's Ferrero, the maker of Nutella chocolate spread, denied it received an offer from Swiss food group Nestle or any other competitors and said it was not for sale. Italian daily La Repubblica had said earlier that Nestle had submitted an offer for Ferrero, a family-owned firm that bankers say is worth more than 10 billion euros ($13.5 billion).

** U.S. apparel retailer Jos A. Bank Clothiers Inc has received support for its $2.3 billion takeover bid for Men's Wearhouse Inc from the majority of the shareholders with big stakes in both companies, Jos A. Bank chairman Robert Wildrick said in an interview on Wednesday.

** Pactera Technology International Ltd, China's largest technology outsourcing company, agreed to be taken private by a consortium led by Blackstone Group LP for $625 million.

** South Africa's Pan African Resources and Canada's Giyani Gold have jointly bid for AngloGold Ashanti's Navachab mine in Namibia for $131 million, the Namibian Sun reported. AngloGold put the Navachab mine up for sale earlier this year as part of cost-cutting measures.   Continued...