Deals of the day -- mergers and acquisitions

Fri Aug 2, 2013 4:05pm EDT
 
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Aug 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Dell Inc and Chief Executive Michael Dell clinched a new $25 billion deal on Friday, boosting the bid and offering a special dividend in hopes of ending months of wrangling with opponents of the founder's proposed buyout of the world's No. 3 PC maker.

** India's Exide Industries Ltd is in separate talks with Canada's Manulife Financial Corp and Samsung Life Insurance Co Ltd to sell a 26 percent stake in its life insurance unit, two sources with direct knowledge of the matter said.

** Private equity firm Odyssey Investment Partners LLC is exploring a sale of TNT Crane & Rigging Inc, one of the largest U.S. crane service providers, in a deal that could fetch more than $800 million, three people familiar with the matter said this week.

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