The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1430 GMT on Tuesday.
** Swiss drugmaker Roche still hopes to succeed with its $5.7 billion hostile cash bid for U.S. gene decoder Illumina, but sees other alternatives if the takeover fails.
** Goldman Sachs is free to sell its shares in the Industrial and Commercial Bank of China as the lock-up period has ended, the Chinese bank's president said.
** French carmaker PSA Peugeot Citroen announced the terms of a 1 billion euro ($1.3 billion) share sale to fund its alliance with U.S. peer General Motors, offering a big discount to draw in funds for overseas expansion and new models.
** RWE, Germany's second-biggest utility, plans to sell fewer assets after identifying another 1 billion euros ($1.3 billion) of cost cuts and raising its capital as it strives to cope with the country's decision to phase out nuclear power.
** The IT services arm of Indian steel-to-oil conglomerate Essar Group is in talks to raise $500 million to $600 million through a U.S. initial public offering and the sale of a stake to private equity firms, sources familiar with the matter said.
** Drug wholesaler AmerisourceBergen Corp said on Tuesday it signed a definitive agreement to acquire privately held World Courier Group Inc for $520 million in cash.
** Dutch power grid operator TenneT said it had agreed to sell stakes in two German offshore cable projects for 340 million euros ($449.9 million) to Mitsubishi Corporation , which is adding to stakes acquired last month in two similar projects.
** Singapore-listed commodity trader Noble Group will vote all its shares in Australia's Gloucester Coal in favor of a merger with Yancoal Australia and will get A$412 million ($440 million) under the deal terms.
** Private equity group KKR & Co and Chesapeake Energy Corp will form a partnership to invest in mineral and royalty interests in oil and gas assets in the United States, which the companies said will be seeded with $250 million.
** Fiat Chief Executive Sergio Marchionne said the Italian carmaker was open to all potential partnerships, even the newly formed tie-up between PSA Peugeot Citroen and General Motors.
** EFG International has agreed to sell its remaining stake in hedge funds unit Marble Bar for 28.8 million Swiss francs ($31.6 million) to the unit's managers, as the Swiss wealth manager continues to sell off non-core businesses and focus on private banking.
** AstraZeneca Plc is considering options for its Indian unit, including buying the remaining 10 percent of AstraZeneca Pharma India Ltd, in order to secure full ownership in a key emerging market.
** Philippine conglomerate San Miguel Corp is close to a deal to sell 60 percent of its banking unit to Malaysia's second-largest lender CIMB Group Holdings Bhd, with the two agreeing on a final price, the chairman of Bank of Commerce said on Tuesday.
** Omega, the Lloyd's of London insurer that rejected three takeover bids last year, provided no details of further acquisition interest alongside its 2011 results, stirring fears suitors might look elsewhere.
** Poland's KGHM, Europe's No.2 copper producer, is looking for more deals following its C$3 billion ($3 billion) purchase of Canadian rival Quadra FNX.
** Malaysian tycoon Ananda Krishnan's plans to sell a stake in satellite operator MEASAT Global Bhd to Saudi-based Arabsat has stalled over differences on valuation, sources familiar with the matter said.
Resource: Reuters
