(Adds Exelon Corp, Hong Leong Bank, BNY Mellon, others)
April 28 (Reuters) - The followi
ng bids, mergers,
acquisitions and disposals involving European, U.S. and Asian
companies were reported by 1600 GMT on Thursday.
** Power company Exelon Corp struck a deal to buy
rival Constellation Energy Group for $7.9 billion in a
bid to become the largest generator of competitively priced
electricity in the United States.
** A Malaysian court dismissed a lawsuit to block Hong Leong
Bank's $1.7 billion bid for rival EON Capital , clearing the way for a deal to create the country's
fourth largest lender.
** Bank of New York Mellon's wealth management arm said on
Thursday that it will buy a Chicago investment manager with $800
million in assets, the latest in a series of deals to expand the
bank's presence across the United States and Canada.
** Independent explorer and producer Linn Energy
said it agreed to purchase assets in North Dakota's Bakken shale
for $163 million, continuing a buying spree of oil and natural
gas liquids-rich properties
** Indian biotechnology firm Biocon Ltd Chairwoman
Kiran Mazumdar-Shaw said on Thursday the total value
consideration for its divestment of German unit AxiCorp was 40
million euros ($58.2 million).
** Vladimir Antonov, who seeks to invest 30 million euros
($44.5 million) in Spyker, the Dutch group that owns
the stalled carmaker Saab, won initial approval for the plan.
** Irish independent energy company Petroceltic
said on Thursday it had agreed to sell an 18 percent stake in
Algeria's Isarene exploration project to Italy's Enel
for a maximum $183 million.
** Bid target NYSE Euronext, the transatlantic
exchange operator, stepped up calls on shareholders to back a
bid by Deutsche Boerse as it unveiled robust
** Russian billionaire Mikhail Fridman's Alfa-Group said it
is in talks to sell its 25.3 percent stake in Russian
broadcaster CTC Media to Russia's National Media
** U.S. private equity firm Blackstone is in talks
with Valad Property Group on a possible takeover of the
Australian property firm, the Australian Financial Review said
on Thursday, citing a source familiar with the negotiations.
** Ratchaburi Electricity Generating Holding Pcl,
Thailand's largest private power producer, said on Thursday it
expected to conclude a deal to buy a stake in an Australian
power plant in the first half of 2011.
** Private equity firm Apollo Global Management LLC
is eyeing warehouse retailer BJ's Wholesale Club Inc,
which could fit with its Smart & Final chain, a source familiar
with the matter said on Thursday.
** The Agnelli family holding Exor intends to
remain the leading investor in Fiat after the Italian
carmaker merges with U.S. affiliate Chrysler, Exor's chief
executive said on Thursday.
** Private equity investor Nordic Capital has sold its
nearly 44 percent stake in Danish ambulance service group Falck
to the Lundbeck Foundation, the owners of the Lego company and
Falck management, Falck said.
(Compiled by Mayuresh Tungare in Bangalore)
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