May 16 (Reuters) - The following bids, mergers, acquisitions...

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    May 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0940 GMT on Thursday:

    ** Anglo American AAL.L has suspended hiring globally, it said, as it gets plans underway to simplify itself and build value - and avert a $43 billion takeover bid by Australia's BHP (BHP) Group.

    ** Siemens SIEGn.DE will sell its Innomotics large motors and drives business for 3.5 billion euros ($3.81 billion) to KPS Capital Partners, the German engineering group said .

    ** Italy's Treasury sold a 2.8% stake in energy group Eni ENI.MI on Wednesday, pocketing around 1.4 billion euros ($1.52 billion) in its drive to raise cash to bolster the country's creaking public finances.

    ** Brookfield India Real Estate Trust (BIRET) BROF.NS has signed a binding agreement to acquire a 50% stake in four Bharti Enterprises properties for 60 billion rupees ($719 million), including debt, it said .

    ** Australia's Incitec Pivot (IPL) said it was in advanced talks with PT Pupuk Kalimantan Timur (Pupuk Kaltim) PUPUK.UL , Southeast Asia's biggest urea fertiliser maker, for the sale of its fertiliser business.

    ** Australia's competition regulator raised concerns on Louis Dreyfus' proposed A$138.6 million ($92.85 million) acquisition of Namoi Cotton (NAM) as both companies supply cotton ginning and cotton lint classing in the same country.

    ** New Zealand dairy giant Fonterra Co-operative (FCG) is planning a full or partial sale of its global consumer unit, its Fonterra Oceania unit and Sri Lankan business, looking to focus on its milk solids supply business, it said .

    ** Brazilian power company Auren AURE3.SA said on Wednesday it signed an agreement to buy the Brazilian operation of AES Corp AES.N in a stock and cash deal.

 
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Last
$40.90
Change
0.685(1.70%)
Mkt cap ! $207.3B
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Price($) Vol. No.
$36.80 723 1
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