(Adds Knight Therapeutics, Althea Group, Coty, Saks Fifth Avenue, Sports Direct; Updates Dragon Oil, Yduqs)
Oct 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
** Mike Ashley-led retail group Sports Direct dropped its bid to take over Goals Soccer Centres, citing insufficient cooperation from the troubled football pitch operator’s board.
** Colorado became the second state to drop out of an effort by state attorneys general to stop T-Mobile US Inc’s $26 billion merger with Sprint Corp.
** Coty Inc is exploring the sale of its business unit that houses hair and nail care brands such as Wella, Clairol and OPI as part of its plan to whittle down its portfolio and cut debt, sending its shares up nearly 14%.
** Private equity firms EQT and BC Partners are among those interested in bidding for Althea Group in a deal that could value the medical equipment service company at around 800 million euros ($891 million), two sources said.
** Saks Fifth Avenue parent Hudson’s Bay Co said it has agreed to a sweetened offer from a shareholder group led by Executive Chairman Richard Baker to take the struggling Canadian department store chain private.
** Knight Therapeutics will buy Brazilian pharmaceutical company Biotoscana Investments in a deal valued at 1.16 billion reais ($281 million) that will create a pharmaceutical platform in fast growing markets in Latin America.
** Australia’s Seven West Media Ltd said it has agreed to sell Marie Claire-publisher Pacific Magazines to Germany-based Bauer Media for A$40 million ($27.4 million).
** CITIC Pacific Ltd said it will offer to buy Dah Chong Hong Holdings Ltd for HK$3.02 billion ($385.1 million) to “re-engineer” the businesses of the motor and consumer products distributor for improved competitiveness.
** Mitsubishi Corp has handed over the full ownership of an iron ore expansion and rail and port infrastructure project in Western Australia to China’s state-owned Sinosteel, the Japanese conglomerate said.
** German-Spanish wind energy company Siemens Gamesa to buy selected European assets from insolvent German wind turbine manufacturer Senvion for 200 million euros ($223.04 million).
** French bank BNP Paribas has obtained a 22.5% stake in wealth management platform Allfunds in the latest sign of asset managers looking to trim costs in the face of rising regulatory expenses and pressure on fees from investors.
** Unizo Holdings said it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover.
** Dubai-based Dragon Oil Ltd said it had completed the purchase of BP’s oil concessions in Egypt’s Gulf of Suez and will invest $1 billion over five years to boost and extend their production.
** Private equity groups including Cinven and Blackstone are vying to buy KKR-owned LGC Group in a deal that could value the British scientific measurement and testing company at as much as 2.5 billion pounds, people close to the matter said.
** Candy Ventures, an investment vehicle of luxury property developer Nicholas Candy, said it was in early-stage talks for a possible cash offer for property manager Capital & Counties Properties Plc (Capco).
** GlaxoSmithKline will sell two travel vaccines to Bavarian Nordic for up to 955 million euros ($1.1 billion), the British firm said.
** Temasek Holdings has offered to take control of Keppel Corp in a S$4.1 billion ($3 billion) deal that will shore up support for the conglomerate.
** Norway’s sovereign wealth fund has bought a logistics property in the London suburb of Greenford together with investment partner Prologis, the fund’s manager, Norges Bank Investment Management said.
** Brazilian education company Yduqs has bought Adtalem Global Education Inc’s assets in Brazil for 1.92 billion reais ($467 million) as it continues to pursue bolt-on acquisitions, it said in a securities filing.
** Hudson’s Bay Co said it has agreed to a higher offer from a group of shareholders led by its Executive Chairman Richard Baker to take the struggling Canadian department store chain private.
** Royal Dutch Shell plans to sell its onshore upstream assets in Egypt’s Western Desert to focus on expanding its Egyptian offshore gas exploration, Shell Egypt said on Sunday.
** France-based telecoms group Orange to sell its business in Niger, a company spokesman said on Sunday. (Reporting by Arundhati Sarkar and C Nivedita in Bengaluru)
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