Deals of the day- Mergers and acquisitions

Mon Jan 12, 2015 4:02pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds Facebook, OTP Bank, FLSmidth, Portugal Telecom; Updates AmerisourceBergen, E.ON, J&J)

Jan 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China's top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialised, several people with knowledge of the matter told Reuters.

** The owner of London's Canary Wharf financial district advised its investors to reject a Qatari-led $4 billion takeover bid on Monday, saying the offer undervalued the company and its prospects.

** Danish engineering group FLSmidth has agreed to sell its fibre-cement unit Cembrit for 1.1 billion Danish crowns ($175 mln) to a consortium of investors headed by Danish-Swedish private equity firm Solix Group AB, it said on Monday.