Deals of the day -- mergers and acquisitions

Fri Mar 8, 2013 8:31am EST
 
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March 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** Pantaloon Retail, India's top listed retailer by sales, plans to sell a 22.5 percent stake in insurance venture Future Generali to non-banking financial company Industrial Investment Trust Ltd, it said in a statement on Friday.

** EU competition regulators have cleared the acquisition of Dutch petroleum products and biodiesel storage firm Vesta Terminal BV by Chinese oil major Sinopec and Swiss-based energy trading house Mercuria Energy Group.

** Veolia Environnement has agreed to sell its Moroccan water, wastewater and electricity services operated by concession companies Redal and Amendis to investment fund Actis in a deal worth around 370 million euros ($484 million).

** Advanced Computer Software Group Plc said it bought accounting and back office software provider Computer Software Holdings for 110 million pounds ($166 million) in a deal that would add to earnings immediately.   Continued...