December 19, 2019 / 2:33 PM / in 2 months

Deals of the day-Mergers and acquisitions

(Updates Intesa SanPaolo, Eurobank, Apergy; adds Prosus, Volkswagen, Takeaway.com, Nestle)

Dec 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** Intesa SanPaolo is selling its retailers’ payment business to Nexi in a 1 billion euro ($1.1 billion) deal that will give the Italian bank a 10% stake in the country’s biggest payments group.

** Oilfield equipment provider Apergy Corp will acquire Ecolab Inc’s upstream energy business in a tax-free deal valued at about $3.9 billion, the companies said on Thursday.

** Amsterdam-listed technology giant Prosus increased its bid for Just Eat to 800 pence a share, valuing the British online food delivery company at 5.5 billion pounds ($7.16 billion), and declared its offer final.

** Volkswagen has attracted bids from Europe’s Innio, Japan’s Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said.

** Takeaway.com was poised to win the battle for British food delivery company Just Eat after it trumped a raised offer from rival Prosus NV, which put it within reach of a 50% threshold needed to clinch the deal.

** Nestle said on Thursday it had agreed to sell a majority stake in Herta, its packaged meat business, to family-run Spanish company Casa Tarradellas to create a joint venture.

** Italy’s top debt recovery firm doValue said on Thursday it had clinched a deal for a majority stake in Eurobank’s loan collection unit FPS.

** The Federal Trade Commission filed a complaint asking a judge to stop Post Holdings Inc’s proposed purchase of TreeHouse Foods, Inc.’s private-label cereal business, the agency said on Thursday.

** Technology licensing company Xperi Corp and set-top box maker TiVo Corp will merge in an all-stock deal, giving the combined entity an enterprise value of $3 billion, the companies said.

** Chevron Corp’s Australian unit said it would buy the domestic commercial and retail fuels business of Puma Energy for A$425 million ($288 million), marking a return to the country’s fuel distribution market.

** China’s Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker’s merger with Fiat Chrysler Automobiles (FCA).

** Private equity company Ardian has agreed to buy Cerelia, a French company that makes pizza dough and cookies and which has around 500 million euros ($556 million) in revenue.

** Dish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice Department’s antitrust chief advised him on June 10 to ask a senator to speak to the Federal Communications Commission about approving a key piece of the merger of wireless carriers T-Mobile and Sprint S.N.

** Mexico’s America Movil said on Wednesday it has completed its $905 million acquisition of rival Nextel in Brazil from mobile services company Nii Holdings Inc.

** Vivint Smart Home Inc has agreed to reduce its initial enterprise value to about $4.1 billion, in a deal to merge the U.S. home automation company with a firm funded by Japan’s SoftBank Corp’s unit.

** Australia’s competition regulator raised concerns about the proposed sale of Seven West Media Ltd’s Pacific Magazines to Germany-based Bauer Media.

** Greece will shortlist investors for a minority stake in Athens International Airport (AIA) next month, the head of the country’s privatisation agency said.

** Clariant is selling its masterbatches unit to U.S.-based PolyOne Corp for $1.6 billion, the Swiss specialty chemicals maker said, adding it will pay shareholders about $1 billion from the proceeds.

** AKKA Technologies has agreed to buy Norwegian software company Data Respons for around 3.7 billion Norwegian crowns ($404 million) in cash, in a deal which the Paris-listed company said would make it a more digitally-focused company.

** French bank Societe Generale has agreed to sell its Nordics-based SG Finans division to Helsinki-headquartered Nordea Bank for 575 million euros ($634 million) as part of a wider asset sales plan.

** Australia’s Village Roadshow Ltd said a homegrown private equity firm has offered A$761.2 million ($516.55 million) for the entertainment firm that backed films such as ‘Joker’ and ‘The Matrix’ trilogy, sending its shares more than 21% higher.

** Canada’s Endeavour Mining Corp urged Centamin Plc to seek an extension for a deadline by which it needs to make a firm offer to buy the London-listed miner.

** Australia’s Lendlease Group said it would sell its engineering business to Acciona Infrastructure Asia Pacific for A$180 million ($122 million), a year after announcing plans to offload the struggling unit.

** Toshiba Corp does not feel threatened by Hoya Corp’s counter offer for Toshiba chip equipment unit NuFlare, saying that even if its own bid fails it does not expect Hoya to succeed.

** Inditex founder Amancio Ortega has bought a 5% stake in Enagas, which owns and operates Spain’s gas grid, the energy company said in a statement. (Compiled by Trisha Roy and Shradha Singh in Bengaluru)

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