TIE tietto minerals limited

News: TIE Deals of the day-Mergers and acquisitions

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    April 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

    ** Japan's Ono Pharmaceutical Co 4528.T said its $2.4 billion takeover of Deciphera Pharmaceuticals DCPH.O is a "first step" in expanding in U.S. and European markets.

    ** Satellite company SES SESFd.PA has agreed to buy all the shares of Intelsat Holdings for about $3.1 billion in a deal that would create a European giant in the industry, the companies said .

    ** French nuclear operator EDF said it had submitted an updated bid to Czech majority state-owned utility group CEZ for the delivery of up to four new nuclear power units in the Czech Republic.

    ** Hong Kong-listed L'Occitane International's 0973.HK chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity value of 6 billion euros ($6.4 billion), the company said.

    ** U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp 8053.T worth several tens of billions of yen, a person familiar with the situation said.

    ** Australia's Tietto Minerals (TIE) has urged its shareholders to accept Zhaojin Mining's 1818.HK offer that values the firm at A$733 million ($480.41 million) or sell shares on-market if the market price is not materially different to the offer price.

    ** Worley (WOR) said its top shareholder, Dubai-based engineering and consulting firm Sidara, had sold about 19% stake in a block trade, sending the Australian engineering firm's shares more than 11% lower.

    ** Oil and gas firm Diamondback Energy FANG.O said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in connection with the $26 billion deal to buy privately-held Endeavor.

 
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