Deals of the day- Mergers and acquisitions

viernes 16 de octubre de 2015 16:22 GYT
 

(Adds Deutsche Wohnen, Bogdanka, EDF, Total, Telecom Italia and Fresh Market; Updates Alibaba and EnBW)

Oct 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2020 GMT on Friday:

** Alibaba Group Holding Ltd offered to pay $3.5 billion to become the sole owner of Youku Tudou Inc, known as China's YouTube, in a move that would give the e-commerce giant access to more than half a billion online video users.

** German utility EnBW agreed to buy a 74-percent stake in gas firm VNG from peer EWE to become the country's third-largest gas provider in a deal worth 1.43 billion euros ($1.63 billion).

** BP Plc and China's CNPC will next week unveil a strategic alliance to develop oil resources in Iraq and other regions, industry sources said.

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