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Deals of the day -- mergers and acquisitions

Reuters - Friday, July 3

(Adds China National Petroleum Corp, Rio Tinto, Swedish Match and others)

July 2 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Thursday.

** China National Petroleum Corp, the country's largest oil company, plans to revive a $17 billion bid for the Argentinian unit of Spanish oil major Repsol-YPF <REP.MC>, the South China Morning Post reported on Thursday, citing sources.

To read more, please double click on [ID:nHKG196724]

** Beijing Automotive Industry Holding Co plans to present a detailed bid for General Motors Corp's <GMGMQ.PK> Opel unit in Europe within the next few days, The Wall Street Journal reported, citing a person familiar with the matter. [ID:nL2541989]

** Rio Tinto Ltd <RIO.AX> <RIO.L> sold virtually all of the UK part of its $15.2 billion rights offer, the world's fifth-biggest, easing its huge debt burden and putting the world's top iron ore miner back in growth mode. [ID:nSYD476934]

** Swedish Match <SWMA.ST> said on Thursday it had agreed to sell its South African operations to Philip Morris International <PM.N> for 1.75 billion rand . [ID:nL2546432]

** Spanish holding company Alba <ALB.MC> has bought a 10 percent stake in technology firm Indra <IDR.MC> from utility Union Fenosa <UNF.MC> at 15 euros per share, Alba and Fenosa said. [ID:nL216725]

** Icelandic investment firm Novator sold its 20.11 percent stake in sporting goods firm Amer Sports <AMEAS.HE> to institutional investors at roughly a 15 percent discount to Wednesday's closing price. [ID:nL2569946]

** The head of Russia's Sberbank <SBER03.MM> said on Thursday he sees no serious competition in its takeover of German carmaker Opel, which it has agreed to buy in partnership with Canadian auto parts group Magna <MGa.TO>. [ID:nL2498356] (Compiled by Tina Kwan in Singapore, Manasi Phadke in Bangalore)

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