Deals of the day- Mergers and acquisitions

Tue Jun 16, 2015 6:51am EDT
 
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June 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1045 GMT on Tuesday:

** A 13 billion pound ($20 billion) mortgage portfolio put up for sale by UK Asset Resolution, the "bad bank" charged with winding down the assets of two failed British lenders, has lured interest from several possible bidders, the group's boss said.

** U.S. cosmetics group Coty Inc has won auctions to acquire three businesses from Procter & Gamble Co for as much as $12 billion, a source familiar with the matter told Reuters.

** Cinven is still interested in buying Telekom Slovenia, the UK investment firm said on Tuesday, a day after Slovenia rejected its bid.

** German property firm Alstria Office REIT AG announced plans to make an all-share takeover offer for peer DO Deutsche Office AG, valuing the company at close to 800 million euros ($901.5 million).

  Continued...