Deals of the day- Mergers and acquisitions
Nov 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1200 GMT on Monday:
** Canadian Natural Resources Ltd will sell most of its royalty assets to PrairieSky Royalty Ltd in a C$1.8 billion ($1.4 billion) deal, joining other oil producers in shedding assets to weather a slump in crude prices.
** South African fixed-line operator Telkom said it is in talks to buy rival Cell C, as it seeks to boost its fledging mobile phone business.
** Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States.
** Industrial rubber maker Trelleborg said it was buying privately owned Czech CGS Holding to become a global leader in agricultural tires and strengthen its leading position in industrial tires. Continued...