Deals of the day- Mergers and acquisitions

Mon Nov 9, 2015 7:54am EST
 
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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...