Offers of the day- Mergers and acquisitions

<span identification=”midArticle_start”/>(Provides Vivendi, Informatica, Bristol-Myers Squibb, PCCW,Gazprom)

<span identity=”midArticle_0″/> (Reuters) – The next bids, mergers,acquisitions and disposals were reported by 2000 GMT on Monday:

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<span id=”midArticle_2″/>** Japan’s Canon Inc is unlikely to raise its offerfor Swedish surveillance camera maker Axis AB for nowbut won’t back out of the deal either, despite pressure fromhedge fund Elliott Management, sources said.

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<span id=”midArticle_4″/>** Ventas Inc, a healthcare real estate investmenttrust (REIT), said it would buy privately held hospital chainArdent Medical Services Inc for $1.75 billion in cash.

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<span id=”midArticle_6″/>** French media group Vivendi has made a 250million euro ($275 million) indicative offer for most ofDailymotion, the video-sharing website owned by French telecomsgroup Orange, a source said.

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<span id=”midArticle_8″/>** Enterprise software company Informatica Corp hasreceived offers from two private equity consortia and isnegotiating a sale that could value it at between $5 billion and$6 billion, according to people familiar with the matter.

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<span id=”midArticle_10″/>** Bristol-Myers Squibb Co said it would invest inDutch biotech uniQure NV, joining other big drugmakerswho have moved to gain a foothold in the promising gene therapymarket.

<span id=”midArticle_11″/>** Gazprom said it plans to sell its 10.52 percentstake in Germany’s natural gas supplier Verbundnetz Gas (VNG),in line with the Russian company’s strategy to pull back fromoperations in Europe.

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<span id=”midArticle_13″/>** The Philippines’ Ayala Land Inc said it bought aminority stake in Malaysian property developer GW PlasticsHoldings Bhd, expanding its footprint in Southeast Asia in linewith its diversification targets.

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<span identification=”midArticle_15″/>** Eastern regional lender Tomony Holdings Inc stated it’s in talks to merge with Osaka-primarily based Taisho Financial institution, owned26 p.c by means of Mitsubishi UFJ Monetary Workforce Inc (MUFG), serving to to maintain up momentum for consolidation in thecrowded sector.

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<span identification=”midArticle_1″/>** Loss-making Eastern electronics maker Sharp Corp could spin off its LCD panel industry and are looking for fundingfor it from the federal government-backed Innovation Community Corporationof Japan (INCJ), a supply aware of the plan stated onSunday.

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<span identity=”midArticle_3″/>** The board of Egypt’s Industrial World Financial institution (CIB) mentioned on Sunday it has requested its administration to decidewhether to post a binding supply for Citigroup’s retailportfolio in Egypt after a due diligence course of.

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<span identification=”midArticle_5″/>** Whole’s rubber and insulation unit Hutchinsonaims to extend in Germany and will make acquisitions to take action,the unit’s chief govt informed a Germanmagazine.

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<span identification=”midArticle_7″/>** Chinese language on-line recreation developer Shanda Video games Ltd stated it has agreed to be taken non-public by means of Capitalhold Ltd andits unit Capitalcorp Ltd in a deal valued at $1.9billion. (Compiled by using Kshitiz Goliya and Lehar Maan in Bengaluru)

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