Deals of the day- Mergers and acquisitions

martes 1 de marzo de 2016 16:50 GYT
 

(Adds Renault-Nissan, State Grid, Ardagh; Updates Honeywell, LSE)

March 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2040 GMT on Tuesday:

** New York Stock Exchange owner ICE said it may make a rival bid for London Stock Exchange, raising the prospect of a takeover battle with Deutsche Boerse and lifting LSE shares to a record high on Tuesday.

** Aircraft parts maker Honeywell International Inc said it scrapped its $90.7 billion offer to buy rival United Technologies Corp, citing the company's unwillingness to engage in negotiations. The move comes after United Tech rejected Honeywell's offer last week.

** Renault-Nissan <RENA.PA 7201.T> is studying whether to acquire a stake in digital mapping business HERE, the former Nokia unit now owned by German luxury carmakers.

** Chinese energy group State Grid said it is interested in acquiring power transmission assets in Brazil held by the troubled Spanish conglomerate Abengoa SA. In an emailed statement to Reuters, State Grid said that it has not yet presented any formal proposal to Abengoa.

** Ardagh Group, the packaging conglomerate controlled by Irish billionaire Paul Coulson, is preparing a binding offer for the assets being divested by drinks can makers Ball Corp and Rexam Plc, according to people familiar with the matter.Ardagh Group is competing against three private equity firms for the packaging plants up for sale, the people said this week.   Continuación...