Deals of the day- Mergers and acquisitions

Tue Mar 4, 2014 3:59pm EST
 
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March 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Commodity trader and miner Glencore Xstrata Plc confirmed its interest in buying oil assets that oil major Royal Dutch Shell Plc. The assets being sold by Shell, France's Total and Italy's Eni are worth around $3 billion.

** An Australian regulator blocked a A$1.5 billion ($1.34 billion) deal by New South Wales to sell a power company on competition concerns, dealing a blow to the state's plans for a series of asset disposals this year to fund new road and rail projects. The Australian Competition and Consumer Commission ruled on Tuesday that the state government's plan to sell Macquarie Generation to AGL Energy Ltd would have stifled competition in the country's most populous state.

** Austria's OIAG state holding company will hold a meeting next Tuesday to inform Telekom Austria's works council about a potential partnership with fellow shareholder Carlos Slim that could lead to a full takeover offer.

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