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TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 BST


Published :
Wed, 11 Apr 2007 09:37
By : Agencies
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2007-04-11 09:14:07

Puma CEO says rival offer to PPR's takeover bid not ruled out

FRANKFURT (Thomson Financial) - Puma AG's chief executive officer Jochen

Zeitz told German television station ZDF he does not rule out the company may

receive a higher takeover offer than the 330 eur a share bid made by PPR SA

yesterday.

2007-04-11 09:05:32

Swisscom to keep Fastweb's CEO in his post; denies stake sale talk

MILAN (Thomson Financial) - Swisscom AG will keep Fastweb SpA's chief

executive Stefano Parisi in his post if its 3.7 bln eur takeover bid for the

Italian broadband operator is successful, Swisscom CEO Carsten Schloter told Il

Sole 24 Ore.

2007-04-11 08:58:45

Austria's Christ Water Technology buys waste-water treatment company UT&S

VIENNA (Thomson Financial) - Austria's Christ Water Technology AG said it

has bought the Pforzheim-based UT&S Umwelttechnik und Service GmbH & Co KG,

which it will integrate into its process water and reuse unit, Ultrapure.

2007-04-11 08:57:35

Global mid-market M&A activity rises over 8 pct in first quarter of 2007

LONDON (Thomson Financial) - A strong rise in takeover activity in the

Central Asia/Asia-Pacific region pushed the total value of mid-market global

mergers and acquisitions to 193 bln usd in the first three months of 2007, up

from 178 bln usd over the same period in 2006.

2007-04-11 08:55:06

BPVN, BPI aim to choose insurance partner by end-May

MILAN (Thomson Financial) - Banco Popolare di Verona e Novara and Banca

Popolare Italiana, which are due to merge and create Banco Popolare, plan to

choose one or two insurance partners by end-May, said BPVN co-managing director

Franco Baronio.

2007-04-11 08:47:21

Imperial Tobacco unlikely to raise Altadis bid without access to books

LONDON (Thomson Financial) - Imperial Tobacco Group PLC today said it is

unlikely to raise its 8 bln stg bid for Altadis SA unless it is granted access

to limited due diligence information from the Spanish company.




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