Deals of the day- Mergers and acquisitions

Wed Mar 12, 2014 4:07pm EDT
 
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March 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** The board of Bouygues SA was meeting to approve an increase in its bid for Vivendi's SFR in an attempt to gain the upper hand against a rival buyer, said two people familiar with the matter.

The two people said the improved bid could take the cash portion of Bouygues' offer up to as much as 11.4 billion euros ($15.8 billion) from 10.5 billion last week.

** Enel SpA, Italy's biggest utility which is shedding assets, has no plans to cut its stake in Slovakian power generation company Slovenske Elektrarne or in Spanish utility Endesa, the group's chief executive said.

Analysts have said Slovenske Elektrarne, could be one of the assets that go on the block, with its value estimated at 3 billion to 4 billion euros.

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