M&A Navigator: Deal pipeline – 8 June

The following is a list a of deals covered in detail by M&A Navigator this week:

- FRENCH TOTAL BUYS INTO AE POLYSILICON IN USA

French oil and gas group Total (EPA:FP) announced the acquisition of a 25.4% stake in US start-up AE Polysilicon Corporation as part of a capital hike.

Status: Closed

- US MARSH & MCLENNAN TO SELL RISK CONSULTING UNIT

US insurance brokerage firm Marsh & McLennan (NYSE:MMC) announced an agreement to sell its risk consulting unit Kroll Inc to Altegrity, a provider of investigations, intelligence and security services.

Status: Agreed

- US ESSELTE BUYS PEER AMPAD

US office products manufacturer Esselte announced the acquisition of Texas-based sector player Ampad, without disclosing financial details.

Status: Closed

- TENET TERMINATES TALKS WITH HEALTHSCOPE ON POTENTIAL TAKEOVER

US hospital operator Tenet Healthcare Corp (NYSE:THC) said it has ended its talks over the potential acquisition of Australian peer Healthscope (ASX:HSP) because of the early disclosure of information related to Tenet's interest.

Status: Terminated

- UK SCOTT WILSON SAYS GETS TAKEOVER APPROACH

British design and engineering consultancy Scott Wilson Group (LON:SWG) said it has been approached by an unnamed suitor over a potential takeover offer for the company, which pushed its shares up by 43%.

Status: Bidding

- GILDEMEISTER'S CHIEF REJECTS RUMOURS ON BID FROM JAPANESE PARTNER MORI SEIKI

Ruediger Kapitza, the chief of German cutting machine tools maker Gildemeister (ETR:GIL), rebuffed speculations that Japanese partner Mori Seiki (TYO:6141) was looking to make a takeover offer for the company.

Status: Denied

- NORWEGIAN INTEROIL SAYS WEST FACE TO MAKE NOK12.50 P/S CASH OFFER

Norway-based oil and gas company InterOil (OSL:IOX) said it has entered a binding agreement under which investor West Face Norway AS will launch a NOK12.50 (USD1.9/EUR1.6) apiece public voluntary cash offer for InterOil.

Status: Bidding

- RENAULT SAYS IN JOINT LOI WITH NISSAN TO BUY S KOREAN SSANGYONG

Renault Samsung Motors, a unit of French carmaker Renault (EPA:RNO), and Japanese Nissan (TYO:7201) offered in a joint letter of intent to buy South Korean carmaker Ssangyong Motor (SEO:003620).

Status: Bidding

- CARLYLE TO TAKE OVER FRENCH HEAT EXCHANGERS MAKER GIANNONI

US private equity firm Carlyle said it has submitted a bid to acquire 65% of French heat exchangers maker Giannoni.

Status: Bidding

- GERMAN GERRESHEIMER EXPLORES ACQUISITIONS

German packaging specialist Gerresheimer (ETR:GXI) is considering potential acquisitions to trigger its growth plans.

Status: Bidding

- JCDECAUX SEEKING ACQUISITIONS IN US

French outdoor advertising company JCDecaux (EPA:DEC) is eyeing acquisitions in the US, the company's managing director Jean-Francois Decaux and chairman Jean-Charles Decaux said.

Status: Bidding

- SEADRILL EXTENDS TENDER OFFER FOR SCORPION OFFSHORE

Oslo-listed offshore service provider Seadrill Ltd (OSL:SDRL) announced an extension of its tender offer for Bermuda-based offshore drilling rigs manufacturer Scorpion Offshore (OSL:SCORE) due to a tepid response from shareholders.

Status: Bidding

- FRENCH SANOFI-AVENTIS DENIES INTEREST IN GERMAN STADA

French pharmaceutical group Sanofi-Aventis (EPA:SAN) is exploring potential acquisitions but is not interested in buying German generics producer Stada Arzneimittel AG (ETR:SAZ).

Status: Denied

- TRITON CONFIRMS BIDDING FOR GERMAN KARSTADT

German-Swedish private equity firm Triton is still interested in acquiring troubled German department store operator Karstadt.

Status: Bidding

- PUMA CEO SAYS KEEN ON MORE BUYS IF COMPLEMENTARY TO BIZ

German sports apparel maker Puma (ETR:PUM) could study potential buys, if appropriate opportunities arise, the company's chief executive Jochen Zeitz said.

Status: Bidding

- US AT&T SAID TO BUY MINORITY IN INDIAN RELIANCE

US telecom group AT&T (NYSE:T) is negotiating the potential purchase of a significant minority stake in Indian Reliance Communications (BOM:532712).

Status: Talks

- WALT DISNEY TO START EXCLUSIVE TALKS ON MIRAMAX SALE

The Walt Disney Co (NYSE:DIS) will resume exclusive talks to sell its Miramax film unit.

Status: Exclusivity

- JOHNSON CONTROLS REMAINS INTERESTED IN VISTEON DESPITE REJECTED BID

US automotive batteries maker Johnson Controls (NYSE:JCI) said it is still willing to buy car parts supplier Visteon Corp (OTCBB:VSTNQ) despite the rejection of its first USD1.25bn (EUR1.05bn) cash bid.

Status: Bidding

- ATOS ORIGIN REPORTEDLY QUITS BID FOR WORLDPAY

French software group Atos Origin (EPA:ATO) has dropped out of the race for WorldPay, the payment processing unit of Royal Bank of Scotland (LON:RBS).

Status: Terminated; Bidding

- EMERSON SAID TO SWEETEN CHLORIDE OFFER

US technology company Emerson Electric (NYSE:EMR) will probably raise its hostile offer for UK power solutions supplier Chloride (LON:CHLD).

Status: Bidding

- SPANISH GRIFOLS CLOSE TO BUY US TALECRIS BIOTHERAPEUTICS

Spanish healthcare company Grifols (MCE:GRF) is nearing an agreement to acquire US-based biotech firm Talecris Biotherapeutics (NASDAQ:TLCR).

Status: Talks; Speculation

- PRUDENTIAL SAYS NO PLANS TO RENEW AIA BID

British insurer Prudential (LON:PRU) does not plan to renew discussions on the recently terminated deal with US peer AIG (NYSE:AIG) to buy its Asian life insurance arm, American International Assurance (AIA), a spokesman for Prudential said.

Status: Denied

- SPANISH BBVA IN TALKS TO BUY YORKSHIRE, CLYDESDALE BANKS IN UK

Spanish bank BBVA (MCE:BBVA) is negotiating the potential acquisition of UK commercial banks Yorkshire and Clydesdale from National Australia Bank (ASX:NAB).

Status: Talks

- US SYMANTEC WRAPS UP TAKEOVER OF PGP, GUARDIANEDGE

US security software developer Symantec Corp (NASDAQ:SYMC) said it has wrapped up the takeover of local data encryption specialists PGP Corporation and GuardianEdge Technologies Inc.

Status: Closed

- US DYNAMIC MATERIALS WRAPS UP TAKEOVER OF AUSTIN EXPLOSIVES

US explosion-welded clad metal plates and oilfield products supplier Dynamic Materials Corporation (NASDAQ: BOOM), or DMC, said it has wrapped up the takeover of local Austin Explosives Company for USD3.7m (USD3.1m) in cash and 222,445 ordinary shares.

Status: Closed

- US MEDIVO TAKES OVER PHYSICIANS WELLNESS NETWORK

US virtual healthcare services provider Medivo said it has taken over Physicians Wellness Network (PWN), a specialist in the field of compliance services for online wellness screening tests, for an undisclosed sum.

Status: Closed

- BLUE EQUITY OFFLOADS BEST TO FRENCH LAGARDERE

Investor Blue Equity LLC has sold its US portfolio company Blue Entertainment Sports Television, or BEST, to Lagardere Unlimited, part of French media group Lagardere SCA.

Status: Closed

- US ETHOS ENVIRONMENTAL, AL GLOBAL MERGER TERMINATED

US Ethos Environmental Inc (OTC:ETEV), a manufacturer of fuel reformulating products, said it has called off the plans for a merger with local AL Global Corporation, which operates under the name of Youngevity.

Status: Terminated

- SALE OF US PRINTING CO PRO-PRINT COMPLETED

VR Business Sales, Mergers & Acquisitions Charlotte said it has completed the sale of Charlotte-based printing company Pro-Print to an unnamed buyer.

Status: Closed

- US JACK HENRY WRAPS UP USD300M TAKEOVER OF IPAY

US integrated technology solutions provider Jack Henry & Associates Inc (NASDAQ:JKHY) said it has wrapped up the takeover of local electronic bill pay specialist iPay Technologies for USD300m (EUR250.8m) in cash.

Status: Closed

- BELGIAN VANDEMOORTELE TO BUY VAN DIJK FOOD PROÂÂ-DUCTS' MARGARINE, FRYING FATS BIZ

Belgian food group VanÂÂ-deÂÂ-moorÂÂ-teÂÂ-le announced an agreement to acquire the margarine and frying fats activities of Dutch Van Dijk Food ProÂÂ-ducts, without providing financial details.

Status: Agreed

- CRITERIA CAIXA CLOSES SALE OF AGBAR STAKE

Spanish financial holding company Criteria CaixaCorp (MCE:CRI) has completed the disposal of its 24.5% stake in local water utility Agbar for EUR666.5m (USD794m).

Status: Closed

- BMB GROUP BUYS CONTRARIAN, BEACON TO BOOST REAL ESTATE PORTFOLIO

Global investor and advisor BMB Group said it had bought real estate investor Contrarian Capital Partners, based in Paris and Luxembourg, and its advisory unit Beacon Hospitality Partners, for an undisclosed sum.

Status: Closed

- WOWIO TAKES COMICS SITE DRUNKDUCK FROM PLATINUM STUDIOS

US Wowio, an online distributor of digital books and comics, said it had bought webcomics community DrunkDuck from US entertainment company Platinum Studios (OTC:PDOS) for an undisclosed price.

Status: Closed

- CEO SAYS GERMAN SAP EYES NEW BUYS TO BOOST MARKET POSITION

German software specialist SAP (ETR:SAP) is seeking new acquisitions, including large buys, to further bolster its market position and generate value for the shareholders.

Status: Bidding

- IRISH ACCENTURE CLOSES US CADENCEQUEST BUY

Accenture (NYSE:ACN), an Irish management consulting, technology and outsourcing services provider, said it had wrapped up the purchase of US CadenceQuest, focused on customer data and analytics for retailers.

Status: Closed

- JAPANESE ASTELLA CLOSES OFFER FOR US OSI, OWNS 93%

Japan-based drug maker and distributor Astellas Pharma (TYO:4503) said it had secured 93% of US OSI Pharmaceuticals (NASDAQ:OSIP) by 7 June when its offer for the US company expired.

Status: Agreed

- UK COMPASS GROUP ANNOUNCES USD65M ACQUISITION OF US SSC

UK-based contract foodservice and support services provider Compass Group (LON:CPG) said it had bought US Southeast Service Corporation (SSC) for USD65m (EUR55m) cash from the Lee family and other shareholders.

Status: Closed

- FORMER KAHZAM COMPLETES PROMARK DATA BUY

US web platform developer Madison Ave. Media (OTCBB:KHZM), formerly Kahzam, said it has finalised the all-stock acquisition of Florida-based online marketing firm ProMark Data and Media Group.

Status: Closed

- THAI TMB BANK TALKS ONLY WITH ING ON STAKE SALE

Thai TMB Bank (BAK:TMB) is solely negotiating with Dutch bancassurer ING Group (AMS:INGA) about the potential sale of the remaining government stake in the bank.

Status: Talks

- CARLYLE GROUP SPENDS USD140M ON STAKES IN FOUR ASIAN COS

US private equity group Carlyle said it had invested over USD140m (EUR118m) to take minority stakes in four Asian companies with strong growth potential.

Status: Closed

- THAI TMB BANK IN TALKS WITH ING ON STAKE TO BE SOLD BY STATE --TMB EXEC

Thai bank TMB Bank (BAK:TMB) is only discussing with Dutch ING group (NYSE:ING) the sale of the 26% TMB stake owned by the Thai finance ministry.

Status: Talks

- SHELL, EXXON SAID TO BE PLANNING SALE OF GERMAN GAS STORAGE JV

Anglo-Dutch oil major Shell (LON:RDSA) and US peer Exxon Mobil (NYSE:XOM) are looking to divest their 50/50 German gas storage joint venture BEB.

Status: Auction

- PORTUGUESE PORTO EDITORA CLEARED BY REGULATOR TO BUY DIRECTGROUP PORTUGAL

Portuguese competition regulator AdC ruled in favour of publisher Porto Editora buying DirectGroup Portugal, a publisher and book distributor owned by German media group Bertelsmann AG (FRA:BTG4).

Status: Agreed

- RBS ALLEGEDLY PICKS THREE BIDS FOR WORLDPAY

UK's banking giant RBS (LON:RBS) has shortlisted three bidders for the final stage of the auction for its payment-processing unit Global Merchant Services (GMS), valued at around USD4bn (EUR3.4bn).

Status: Auction

- US SIX APART TAKES OVER NETWORK NATURALPATH MEDIA

US blogging company Six Apart said it has acquired advertising network NaturalPath Media, focused on healthy lifestyle solutions.

Status: Closed

- SBERBANK WILLING TO ACQUIRE A TOP-10 UKRAINIAN BANK

Russian state-owned lender Sberbank (MCX:SBER03) is considering the acquision of one of the ten biggest Ukrainian banks.

Status: Bidding

- WINCANTON TO ESCORT PRISONERS WITH SERCO IN NEW JV

UK logistics services provider Wincanton (LON:WIN) said it has inked a joint venture deal with business outsourcing firm Serco Group (LON:SRP) without providing any financial details.

Status: Agreed

- CLYDE BLOWERS TO ACQUIRE AUTOMATIK PLASTIC MACHINERY FOR GBP125M

British engineering group Clyde Blowers has clinched a deal to buy German manufacturing equipment producer Automatik Plastic Machinery for GBP125m (USD181m/EUR151m) including the assumption of EUR35m debt.

Status: Agreed

- TERNIENERGIA, ERRENERGIA JOIN FORCES IN BUILDING PV FARMS

Italian solar energy group TerniEnergia (BIT:TER) announced an agreement to form a joint venture with sector player errenergia to build industrial-size photovoltaic (PV) farms.

Status: Agreed

- ITALIAN SORIN GROUP TAKES OVER US GISH BIOMEDICAL

Italian Sorin (BIT:SRN), a cardiovascular treatment specialist, said it had bought US biotechnology company Gish Biomedical from German private equity firm Ventizz Capital Partners.

Status: Closed

- US STATECE DENIES TAKEOVER BY WYNCREST

US State Continuing Education Inc (StateCE), a provider of online continuing education programmes, has denied reports it had been taken over by US financial services firm Wyncrest Group Inc (PINK:WNCG).

Status: Denied

- SANTANDER PLANS SALE OF RUSSIAN ARM

Spanish banking giant Banco Santander (MCE:SAN) is seeking buyers for its Russian unit JSC Santander Consumer Bank.

Status: Auction

- UK G4S ENTERS BRAZIL WITH ACQUISITION OF INSTALARME

UK security solutions provider G4S (LON:GFS) said it had bought Brazilian sector firm Instalarme Solucoes Eletronica to break into the growing Brazilian security market.

Status: Closed

- ABB OFFERS GBP860M FOR UK CHLORIDE GROUP

Swiss automated technologies provider ABB (VTX:ABBN) said it has offered to buy British power solutions maker Chloride Group (LON:CHLD) for GBP860m (USD1.25bn/EUR1.04bn) in a bid to enhance its position in the uninterruptible power supplies (UPS) market.

Status: Bidding

- SIEMENS INDIA OKAYS TIE-UP WITH ROLLING STOCK UNIT

Siemens Ltd (BOM:500550), the Indian arm of German industrial and electronics giant Siemens (ETR:SIE), said its board gave the go-ahead to the planned merger with its unit Siemens Rolling Stock Pvt Ltd.

Status: Agreed

- MOTA-ENGIL TAKES OVER POLISH PRD-M LUBLIN FOR EUR5.8M

Portuguese engineering and construction company Mota-Engil (ELI:MENP) said it has purchased 93% of Polish sector player PRD-M LUBLIN for PLN24m (USD6.9m/EUR5.8m) in an effort to accelerate its foreign expansion strategy.

Status: Closed

- CONAGRA FOODS TO SELL DEHYDRATED, VEGETABLE PRODUCT UNIT

US food company ConAgra Foods (NYSE:CAG) announced a deal to dispose of its dehydrated and vegetable product business in a move to focus on its core operations.

Status: Agreed

- EMULEX STRIKES USD155M DEAL TO BUY SERVERENGINES

US storage-equipment maker Emulex Corp (NYSE:ELX) announced a cash-and-stock agreement to buy privately-held semiconductor company ServerEngines Corp for USD155.2m (EUR129.8m).

Status: Agreed

- LEXMARK FINALISES PERCEPTIVE SOFTWARE TAKEOVER

US printer and copier maker Lexmark International (NYSE:LXK) announced the completion of the acquisition of business software company Perceptive Software for USD280m (EUR234.1m) in cash.

Status: Closed

- BILLIONAIRE BERGGRUEN EMERGES AS WINNER IN KARSTADT RACE

Billionaire investor Nicolas Berggruen has won the bidding war for troubled Karstadt, aiming to make the German department store operator more attractive.

Status: Agreed

- US RENAL CARE CLOSES DIALYSIS CORP TAKEOVER

Privately-held outpatient dialysis services firm US Renal Care announced the completion of the acquisition of Dialysis Corporation of America (NASDAQ:DCAI) for USD110.25m (EUR92.2m) in cash.

Status: Closed

- DUTCH RABOBANK BUYS INTO BANCO COOPERATIVO SICREDI IN BRAZIL

Dutch lender Rabobank Group announced the purchase of a 30% stake in Brazilian co-operative bank Banco Cooperativo Sicredi, without providing financial details.

Status: Agreed

- EMPIRIX CLOSES BUY OF ITALIAN MOBILE MONITORING CO MUTINA

US quality assurance solutions provider Empirix has closed the acquisition of Italian mobile monitoring surveillance services provider Mutina Technology, the company said today without giving financial details.

Status: Closed

- CULLIGAN TO SELL VENDED WATER BUSINESS TO PRIMO WATER CORP

US water treatment and filtration systems provider Culligan International Company said it has agreed to sell its vended water business to water cooler and bottled water supplier Primo Water Corporation.

Status: Agreed

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