API australian pharmaceutical industries limited

News: API Deals of the day-Mergers and acquisitions

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    (Adds International Holding Co, Comstock Resources)

    Oct 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

    ** Abu Dhabi conglomerate International Holding Co IHC.AD has agreed to acquire a 41% stake in Nassar Al Refaee Trading (NRTC) Company, a fruit and vegetable import-export business, in a 166 million dirhams ($45.20 million) deal, a company source said.

    ** Dallas Cowboys owner Jerry Jones' Comstock Resources CRK.N agreed to sell its assets in North Dakota's Bakken basin to Northern Oil and Gas NOG.N for $154 million, as it looks to shore up capital.

    ** Eneos Holdings Inc 5020.T , Japan's biggest refiner, plans to buy Japan Renewable Energy for about 200 billion yen ($1.8 billion) from Goldman Sachs GS.N and Singaporean sovereign wealth fund GIC, the Nikkei business daily reported.

    ** Retail conglomerate Wesfarmers Ltd (WES) said it had bought the entire stake of Australian Pharmaceutical Industries Ltd's (API) largest shareholder in an attempt to thwart a rival suitor's bid to snap up the pharmacy chain.

    ** RWE RWEG.DE , Germany's biggest power producer, said it has formed a joint venture with Public Power Corporation (PPC) DEHr.AT , which will initially focus on realizing solar projects worth up to 2 gigawatts in Greece.

    ** Middle East private equity firm Investcorp has acquired 89 industrial properties in the United States for $380 million, it said.

    ** German real estate company Vonovia VNAn.DE said it had reached 60.3% of voting rights to acquire Deutsche Wohnen DWNG.DE , creating a housing behemoth with some 550,000 apartments worth over 80 billion euros ($92.41 billion).

    ** Fortescue Metals Group Ltd's (FMG) green energy unit said it bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production.

 
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