April 2, 2015 / 10:20 AM / 3 years ago

Deals of the day- Mergers and acquisitions

(Adds IBM, Check Point Software Technologies, Banca Farmafactoring, Temasek, Advent International)

April 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** Diageo, the world’s largest spirits maker, said on Thursday it had agreed to acquire control of United National Breweries beer business in South Africa, buying the remaining 50 percent stake it did not already own.

** Saint-Gobain’s attempted takeover of Switzerland’s Sika took another twist on Thursday as two investors said they would appeal a ruling stipulating that the French building materials company was not required to make an offer for all of Sika’s shares.

** Billionaire businessman Vincent Bollore’s holding company Bollore spent a further 568 million euros ($614 million) to raise its stake in French media group Vivendi as he gears up for a fight with activist shareholders.

** DP World, one of the world’s biggest port operators, has agreed to buy Canada’s Fairview Container Terminal from Deutsche Bank for C$580 million ($457 million), the Dubai firm said on Thursday.

** Koch Industries Inc and Pacific Equity Partners have made a $325 million approach for Australia’s Bradken Ltd - half the price of bids it received last year and one that was summarily knocked back by the mining equipment maker.

** Gambling technology company Playtech Plc said it would buy a majority stake in TradeFX Ltd for 208 million euros ($224.4 million) in cash to enter the trading platform and payment services market.

** International Business Machines (IBM) has struck a deal with China Telecom Corp Ltd to offer and manage corporate-grade mobile apps, the latest in a string of tie-ups with Chinese firms.

** Switzerland’s civil aviation office has approved Etihad Airways’ purchase of a stake in Darwin Airline, the Swiss company said on Thursday.

** Internet and network security provider Check Point Software Technologies will acquire Israel-based Lacoon Mobile Security to help prevent attacks on mobile phones.

** Funds advised by Apax Partners have agreed to sell their stake in Italian bank Banca Farmafactoring SpA to an affiliate of investment management firm Centerbridge Partners LP, the private equity firms said on Thursday.

** Singapore’s sovereign wealth fund Temasek and money manager BlackRock are set to buy stakes in Funding Circle in deals that could value the British peer-to-peer lending platform at more than $1 billion, Sky News said on Thursday.

** U.S. private equity firm Advent International is planning to put on the market its 80 percent stake in perfume and cosmetics retailer Douglas, the head of its French unit Nocibe said on Thursday, confirming a previous Reuters report. ($1 = C$1.26) ($1 = A$1.32) ($1 = 0.93 euros) (Compiled by Sneha Banerjee in Bengaluru)

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