Deals of the day-Mergers and acquisitions

Reuters
Dec 18
Deals of the day-Mergers and acquisitions

Dec 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** Austria's Strabag <STRV.VI> cancelled discussions with Viacama AG, formerly known as Vamed AG, over the acquisition of Vienna general hospital operator VKMB, the construction company said .

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** Italian drinks group Campari <CPRI.MI> said it had agreed to sell its brands Averna and Zedda Piras to spirits company Illva Saronno for 100 million euros ($117.45 million).

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** Spain's airport operator Aena <AENA.MC> said it agreed to buy a 51% stake in a new holding company that owns Leeds Bradford Airport and part of Newcastle Airport in the UK for 270 million pounds ($360.88 million).

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** BNP Paribas <BNPP.PA> is in exclusive talks with German carmaker Mercedes-Benz to acquire its car-leasing subsidiary Athlon, the French bank said , in a transaction valued at approximately 1 billion euros ($1.17 billion).

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** China International Capital Corp <601995.SS> shares jumped as much as 10% after it detailed plans to buy two rivals in a share-swap deal worth about $16 billion, potentially creating China's fourth-biggest investment bank by assets.

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** Regional lender CVB Financial <CVBF.O> will buy smaller rival Heritage Commerce <HTBK.O> in an $811 million all-stock deal, as it looks to expand its presence into the Bay Area that is a major powerhouse of the U.S. economy.

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(Compiled by Rajarshi Roy and Katha Kalia in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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