Deals of the day -- mergers and acquisitions

Thai Beverage -- the maker of market leaders Beer Chang and Mekhong whisky -- has agreed to buy a 43.9 percent stake in Oishi from Yodkit Thurakij Co, for 3.045 billion baht ($94 million) - May 16 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Friday.

** Private equity firm Carlyle Group [CYL.UL] is to buy a majority stake in the U.S. government business of Booz Allen Hamilton Inc for $2.54 billion, the management consulting technology firm said.

To read more, please double click on [nWNAS4497]

** The UK's biggest electricity producer, British Energy , has received early stage takeover proposals, it said, which value it at more than 10.8 billion pounds .

The nuclear power company, which operates eight nuclear plants, has received takeover or other approaches from French utility EDF , France's Suez , and a consortium made up of Germany's RWE and Spain's Iberdrola , a source familiar with the matter told Reuters. [nL16387334]

** Finnish shareholders holding together more than 10 percent of TietoEnator said they would not accept the 1.08 billion euro offer for the firm from Sweden's Nordic Capital. [nL16656532]

** HBOS Plc , Britain's biggest mortgage lender, said it has sold its remaining 13 percent stake in property website operator Rightmove for 59.2 million pounds . [nL16889673]

** British biotechnology company Antisoma Plc agreed to buy Xanthus Pharmaceuticals Inc, a private U.S. cancer specialist, for 26.8 million pounds in shares, it said. [nL15924560]

** Norway's biggest media group, Schibsted ASA , said it had acquired all shares in Belgian online classified site Kapaza.be for 20.25 million euros . [nL16211421]

** Thai Beverage PCL , the country's largest brewer and distiller, plans to take over Thai green tea and sushi maker Oishi Group PCL for 6.94 billion baht .

Thai Beverage -- the maker of market leaders Beer Chang and Mekhong whisky -- has agreed to buy a 43.9 percent stake in Oishi from Yodkit Thurakij Co, for 3.045 billion baht ($94 million), Oishi said in a statement. [nBKK224839]

** Swedish-Canadian mining and exploration firm Lundin Mining has sold its 90 percent stake in the Norrliden project to Canada's Gold-Ore Resources , IGE Nordic AB said. [nL16702802]

** AXA Asia Pacific Holdings Ltd said it was no longer pursuing the possible acquisition of Malaysian Assurance Alliance Bhd , the insurance arm of MAA Holdings Bhd . [nSYD45908]

** Vodafone is set to get complete control of German mobile phone unit Arcor after minority shareholders agreed to sell their stakes, sources familiar with the matter said. [nL16317713] (Compiled by Tina Kwan in Singapore, Nachiket Kelkar in Bangalore)

• Email Story
• IM Story
• Printable View
• Blog This

Recommend this article

Related Articles: Asia Pacific

• Rescuers search for more China earthquake survivors, but focus efforts on housing survivorsAP - 21 minutes ago
• American tourist joins pandas in 'surreal' earthquake ordealAFP - 43 minutes ago
• Myanmar junta confines foreigners to largest city, puts up roadblocks to cyclone-hit areaAP - 1 hour 1 minute ago
• China's 1-child policy brings extra pain for parents who lost an only child in quakeAP - 1 hour 25 minutes ago
• Aftershock rattles China quake zoneAP - 1 hour 47 minutes ago