Company News

Deals of the day-Mergers and acquisitions

(Adds Peel Ports, Odebrecht, Carige, Carlyle and Fitbit)

Sept 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Wearable device maker Fitbit Inc has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smart watches, people familiar with the matter said.

** U.S. private equity firm Carlyle has hired Bank of America Merrill Lynch to look at a possible sale of Italian high-end shoe company Golden Goose Deluxe Brand, two sources close to the matter said.

** Shareholders in Italian bank Carige have approved a 700 million euro ($771 million) cash call, relinquishing control of the lender to save it from liquidation after years of losses.

** Brazilian conglomerate Odebrecht SA has hired investment banking unit of Lazard to sell its stake in the petrochemical company Braskem SA, news website Brazil Journal reported.

** Peel Ports, Britain’s second largest port operator, has attracted bids for a stake of up to 25% from international funds, undeterred by worries about the country’s scheduled departure from the European Union, two sources said.

** McDermott International Inc said it received takeover interests for the acquisition of all or part of its technology business Lummus, that could value the unit at over $2.5 billion.

** Germany’s Commerzbank is considering selling its Polish subsidiary mBank as part of a new strategy, daily Handelsblatt reported.

** Blackstone Real Estate Partners Europe, a unit of U.S. private equity firm Blackstone Group, agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros ($197 million), the firm said.

** British sporting goods retailer Sports Direct said an antitrust investigation into rival JD Sports Fashion’s takeover of Footasylum could have implications for the sector’s major players, particularly their relationships with “must-have” brands.

** Swedish brake systems firm Haldex welcomed the sale of a 20% stake in the company by German car parts maker ZF Friedrichshafen and urged its second-largest investor Knorr-Bremse to do the same.

** Colombia electricity generator Celsia said on Thursday it has sold a gas plant in the coastal city of Barranquilla to subsidiaries of the U.S.-based Glenfarne Group, LLC for $420 million.

** Canadian copper miner First Quantum Minerals Ltd is drawing preliminary takeover interest from global miners after losing half its value over the past five years, Bloomberg reported on Thursday.

** Dutch medical equipment company Koninklijke Philips NV said on Thursday it plans to sell the remaining 10.7% stake it holds in Signify NV, its former lighting division, for about 357 million euros ($394.24 million) or 25.9 euros per share.

** A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1 billion) to help Mediaset ensure safe passage for its plans to create a pan-European TV player.

** France’s CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal to sell insurance in the bank’s more than 3,000 branches, the Brazilian state-owned lender said on Thursday. (Compiled by C Nivedita in Bengaluru)