Deals of the day -- mergers and acquisitions

Fri Mar 1, 2013 6:38am EST
 
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March 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Spanish building and services group FCC said that it plans to sell at least 2.2 billion euros ($2.9 billion) of assets in the next three years to reduce debt.

** Bertelsmann, Europe's largest media company, is buying private equity firm KKR's stake in their joint venture music rights management company BMG.

A person familiar with the matter told Reuters the purchase price was 700-800 million euros ($915 million-$1.05 billion) including debt.

** Facebook Inc said on Thursday it had agreed to buy advertising technology from Microsoft Corp that measures the effectiveness of ads on its website, which should help in its fight with Google Inc for online advertising revenue. Facebook did not say how much it paid for the technology.

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