December 18, 2017 / 10:33 AM / a year ago

Deals of the day-Mergers and acquisitions

Dec 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** A unit of Thai Beverage won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco in the country’s biggest ever privatization process, an official from the Ho Chi Minh City Stock Exchange said.

** Australia’s Aconex Ltd said it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp, sending the target’s share price up 45 percent.

** Hershey Co, the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, is nearing a deal to buy SkinnyPop parent Amplify Snack Brands for $1.6 billion, CNBC reported.

** Chinese internet giant Tencent Holdings Ltd said it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd, upping its rivalry in retail with Alibaba Group Holding Ltd.

** Real estate group Buwog has agreed to be taken over by Germany’s Vonovia in a cash deal valuing the Austrian firm at 5.2 billion euros ($6.12 billion), the two companies said.

** A receiver of insolvent German airline Air Berlin told a newspaper he is optimistic about the sales process of the airline’s subsidiary Niki after a number of would-be investors stepped forward under a fast-approaching deadline.

** PetroChina’s oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in West Africa, Brazil and Pakistan in a major global expansion aimed at taking on international rivals, according to three senior oil industry executives briefed on the plans.

** Australia and New Zealand Banking Group said it would start buying back up to A$1.5 billion ($1.15 billion) of its shares on-market, as it begins returning surplus capital to shareholders after a series of divestments.

** Blackstone Group has snapped up an 80 percent stake in property financing company La Trobe Financial for an undisclosed amount, in a move that will help the New York-based investment giant expand in Australia’s lucrative mortgage-lending market.

** CVS Corp’s proposed purchase of Aetna Inc will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found.

** Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to expand in the fast-growing digital security market.

** Idemitsu Kosan’s founding family, which is locked in a battle with the firm’s management over a proposed buyout of a rival, said that it had increased its stake in the Japanese refiner to more than 28 percent.

** U.S. health insurer Humana Inc is in advanced talks to acquire acute care provider Kindred Healthcare Inc in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, a source familiar with the matter said on Sunday.

** Statoil has bought a stake in one of Brazil’s largest oilfields from national oil company Petrobras for up to $2.9 billion, nearly tripling its production off the South American country, the Norwegian firm said.

** British drugmaker GlaxoSmithKline said it has boosted its stake in its Saudi Arabian unit to 75 percent as it seeks to benefit from the kingdom’s plan to transform the economy and raise local manufacturing of pharmaceutical products.

** A joint venture between Bombardier Inc and China’s CRRC Corp Ltd has won a 1.79 billion yuan ($270.76 million) contract to build a monorail line for a Chinese city, the Canadian transport giant said. (Compiled by Taenaz Shakir in Bengaluru)

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