17 de octubre de 2014 / 10:35 / en 3 años

Deals of the day- Mergers and acquisitions

Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:

** Financial services group Old Mutual Plc’s wealth arm will acquire investment management firm Quilter Cheviot for 585 million pounds ($941 million) from European private equity house Bridgepoint.

** Spanish builder ACS Actividades de Construccion y Servicios SA said its unit Iridium had agreed to sell 80 percent of its holdings in various concessions including a Madrid hospital and a Barcelona metro line for 175.2 million euros ($224 million).

** Norwegian recycling firm Tomra Systems ASA will start a process to sell Orwak Group, part of its compaction division, the company said in its quarterly report.

** Cash-rich Singapore Airlines Ltd is injecting up to $110 million to take control of loss-making affiliate Tiger Airways Ltd, shoring up the budget carrier while scrapping its regional ambitions as competition rages.

** Goldman Sachs Group Inc is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.

** CF Industries Holdings Inc ended merger talks with Norway’s Yara International ASA after the companies failed to agree on terms of a deal that would have created a global fertilizer concern with an enterprise value approaching $30 billion.

** The board of Chiquita Brands International Inc on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was “inadequate,” and again recommended shareholders back a tie-up with Irish rival Fyffes Plc.

** Brazil’s oil regulator ANP rejected the sale of a 40 percent stake in the Polvo offshore oilfield to HRT Participacoes em Petroleo SA by the oil unit of Danish energy and shipping group AP Moller-Maersk A/S , the regulator said on Thursday.

$1 = 0.6217 British pound $1 = 0.7818 euro Compiled by Anet Josline Pinto in Bangalore

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