Deals of the day- Mergers and acquisitions

Fri Jan 31, 2014 4:09pm EST
 
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Jan 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Swiss machinery manufacturer Sulzer AG agreed to sell its coatings unit Metco to peer Oerlikon for about 850 million Swiss francs ($949 million) in cash, as it seeks to focus on its three main businesses.

** Uranium miner Cameco Corp said it has agreed to sell its interest in Bruce Power, a partnership that operates one of the world's largest nuclear generating facilities in Ontario, for C$450 million ($403 million).

** Merck & Co Inc has received approaches from large consumer companies interested in buying its consumer healthcare business, best known for Coppertone sunscreen and Claritin allergy medicine, according to people familiar with the matter.

** Austria is open to Carlos Slim's America Movil taking a majority stake in Telekom Austria, the head of the state holding company said, paving the way for a long-awaited move by the billionaire investor.   Continued...