Deals of the day- Mergers and acquisitions

lunes 3 de agosto de 2015 16:00 GYT
 

(Adds BASF and RBS)

Aug 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** German chemicals group BASF has lined up a loan package from large multinational banks for a potential takeover offer for Syngenta, the Swiss crop chemicals maker which has received a $45 billion takeover offer from Monsanto, several people familiar with the matter said.

** Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS), beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

** HSBC Holdings Plc agreed to sell its Brazilian unit to Banco Bradesco SA for $5.2 billion, retreating from the second-largest emerging market economy after years of disappointing performance.

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