Deals of the day-Mergers and acquisitions

  • Reuters
  • Stock Market News
Deals of the day-Mergers and acquisitions

(Adds Dish Network, Volvo, Veneto Banca, Berkshire Hathaway (NYSE: BRKa ); Updates IndiGo, Celgene, Novae Group)

July 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Thursday:

** Liberty Interactive Corp QVCA.O said it agreed to buy 62 percent of HSN Inc HSNI.O that it did not already own in a deal that values the TV shopping network at $2.1 billion. Private equity firm Centerbridge Partners L.P. said it would buy enterprise software companies Syncsort Inc and Vision Solutions Inc from Clearlake Capital Group L.P. for $1.26 billion. Jana Partners LLC stepped up its criticism on Wednesday of U.S. natural gas producer EQT Corp (NYSE: EQT )'s EQT.N deal to buy Rice Energy Inc RICE.N , arguing that EQT could save as much as $4.5 billion if it separated its pipeline assets instead. Dish Network Corp DISH.O Chief Executive Charlie Ergen and Amazon.com Inc AMZN.O head Jeff Bezos have discussed a partnership to enter the wireless business, the Wall Street Journal reported, citing people familiar with the matter. Dallas-based Highland Capital Management LP is set to buy and expand an Argentina-focused hedge fund previously managed by Argentine fund firm MBA Asset Management, according to a person familiar with the situation. Austria's Raiffeisen Bank International (RBI) is likely to put the sale of its Polish business on hold after failing to find enough investors for a planned IPO, sources familiar with the situation said. Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines AAL.O in the near future, despite the "categorical" opposition of the U.S. company's management, Qatar Chief Executive Akbar al-Baker said. Bankers are working on debt financings of around 1.5 billion euros ($1.71 billion) to back a potential sale of CeramTec as private equity owner Cinven gears up to exit the German ceramics company, banking sources said. India's biggest airline IndiGo said it was keen to buy state-owned carrier Air India's international arm and low-cost division Air India Express rather than the whole business if India decides to sell its flag carrier. Symantec Corp SYMC.O is acquiring Israeli cybersecurity startup Fireglass, the company said, in a small deal designed to boost its products that protect corporate email and web browsing from threats. Celgene Corp CELG.O said it would buy a stake in BeiGene Ltd BGNE.O to help develop and commercialize the China-based cancer immunotherapy developer's treatment for solid tumor cancers, expanding its position in the field of immuno-oncology. Berkshire Hathaway Inc 's BRKa.N energy unit is nearing a deal to buy utility company Oncor, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Thailand's Siam Commercial Bank (SCB) SCB.BK has put off a potential $3 billion sale of its insurance unit as talks with suitor FWD Group of Hong Kong failed on valuation disagreements, three people familiar with the matter said. Portugal's largest company EDP-Energias de Portugal expects its tender offer to buy out minority shareholders in its renewable energy unit EDPR to succeed at the price of 6.75 euros a share and has no plans to increase the bid, its CEO said. Slovenian generic drugs producer Krka KRKG.LJ said it was in talks to buy a small Chinese pharmaceutical company as it announced a 31 percent rise in first-half profit. Lloyd's of London insurer Novae Group Plc NVA.L has agreed to be taken over by Axis Capital Holdings Ltd AXS.N , a Bermuda-based speciality insurer and reinsurer, for 467.6 million pounds ($605.07 million) in cash. Swedish truck maker AB Volvo VOLVb.ST is selling its 25 percent stake in German specialty diesel engine maker Deutz AG DEZG.DE , the bookrunner for the deal said. Veneto Banca, one of two troubled regional lenders Italy is winding down, said on Thursday it had started the process to sell its controlling stake in private banking group BIM BIM.MI . Shares in Olympique Lyonnais OLG.PA rose on Thursday after the French soccer club announced the sale of striker Alexandre Lacazette to Arsenal for a fee of up to 60 million euros ($68 million). Konica Minolta Inc 4902.T said it was purchasing U.S. diagnostics company Ambry Genetics in a deal valued at up to $1 billion - an acquisition that marks a strategic shift for the Japanese firm's healthcare business as it seeks a leading position in precision medicine. South Korean steelmaker POSCO 005490.KS plans to sell a stake in KB Financial Group 105560.KS in a block deal worth up to 444 billion won ($383.9 million), IFR reported, citing a term sheet. = 0.8776 euros)

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