Deals of the day - mergers and acquisitions

Wed Jan 30, 2013 4:00pm EST
 
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Jan 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

** Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave Ltd (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.

Thailand's third-richest man now holds a near 51 percent stake in F&N through TCC Assets Ltd and Thai Beverage PCL after buying more shares in the open market, according to a stock market filing late on Wednesday.

** Dell Inc's founder and chief executive may pay as much as $1 billion out of his personal fortune to assume control of the world's No. 3 PC maker in a leveraged buyout, Bloomberg News reported, citing people familiar with the matter.

** Oil and gas producer Pioneer Natural Resources Co said it will sell 40 percent of its interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion.   Continued...