Mergers & Acquisitions

UPDATE 1-Betfred makes close to 200 mln stg bid for Tote

LONDON, May 17 (Reuters) - British bookmaker Betfred said it had made an offer to buy state-owned bookmaker the Tote, worth close to 200 million pounds ($324 million) in cash.

UPDATE 1-Diploma profit rises on acquisitions, upbeat on H2

* H1 adj pretax profit 21.9 mln stg vs 14.6 mln stg year ago

Company Outlooks, 7:50am BST

UPDATE 1-Toshiba close to deal to buy Landis+Gyr for $2.5 bln-source

* Toshiba declines to comment on specific deals (Adds details)

Regulatory News, 4:57am BST

UPDATE 4-Kratos boosts surveillance with $225 mln Integral buy

* To boost presence in intelligence, public safety markets

Regulatory News 16 May 2011

VW to seek five seats on MAN board - sources

FRANKFURT, May 16 (Reuters) - Volkswagen will seek five seats on the supervisory board of MAN , thus increasing its control over the truckmaker which it is hoping to merge with affiliate Scania , according to sources.

16 May 2011

UPDATE 1-Daimler, Rolls secure backing with raised Tognum bid

* Tognum says board members will tender shares (Adds details, background)

Regulatory News 16 May 2011

UPDATE 1-DEALTALK-Canada faces tough choices on TMX's fate

* Competition Bureau would have to review Maple Group bid

UPDATE 2-No breakthrough seen in BP-Rosneft-TNK talks

* No breakthrough seen as 2300 GMT share-swap deadline nears

Regulatory News 16 May 2011

DEALTALK-Canada facing tough choices on bids for exchange

* Competition Bureau would have to review Maple Group bid

UPDATE 5-Nasdaq, ICE withdraw NYSE bid, cite US regulators

* Prospects for NYSE-D.Boerse deal improve substantially

Regulatory News, 16 May 2011
Emergency workers search through debris near the seaside in Rikuzentakata, Iwate prefecture, March 19, 2011. REUTERS/Aly Song

Deals on the rise despite crises

This year is set to be a blockbuster for deals, exemplified by mega acquisitions such as T-Mobile USA or Genzyme, with turmoil in the Middle East and Japan causing just a temporary slowdown.   Full Article | Full Coverage 

Deals

M&A; ($B)

 
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