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Sunday, November 8, 
11:31 am

Deal International: News on Eiffage, Jelmoli, BHP and more

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Stay tuned to TheDeal.com and Deal International for updates to these stories and more.

Sacyr Vallehermoso SA-Eiffage SA

Topping headlines out of Europe Wednesday morning, Spanish builder Sacyr sold its one-third stake in French builder  Eiffage to French institutional investors for $3.1 billion, extracting itself from a year-long takeover battle.

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Also on Dealscape

Jelmoli Holding Ltd.
In a bid to appease riled activist shareholders, Swiss retail and real estate group Jelmoli Holding proposes dividing itself into separately listed real estate and an investment companies.

Baosteel Iron & Steel Co.-BHP Billiton plc
Will China's Baosteel buy a 9% stake in BHP?

A-Tec Industries-RTB Bor
A-Tec Industries is still interested in buying Serbia's RTB Bor for $460 million despite financing problems. Meanwhile, German regulators are forcing A-Tec to divest its minority stake in Norddeutsche Affinerie AG.

Babcock & Brown Ltd., Deutsche Bank AG-Angel Trains

In private equity news, U.K. and European rolling stock leasing company Angel Trains is expected to be under new ownership by the end of April as buyers Babcock & Brown and Deutsche Bank near agreement after weeks of exclusive talks with seller RBS and consortium's bankers gearing up to syndicate the debt in May. RBS is looking for about £4 billion ($7.9 billion), but may have to settle for a bit less.

OyezStraker Group Holdings Ltd.-Pads Printing & Commercial Stationary Ltd.
U..K's top independent office supplies distributor OyezStraker has acquired indepenent office supplies group Pads Printing & Commercial Stationery for undisclosed terms. The deal marks the fourth acquisition since AAC Capital Partners acquired OyezStraker last year.

Investcorp-Suomen Asiakastieto Oy-GMT Communications Partners LLP
Investcorp, a leading global provider and manager of alternative investment products, Wednesday announced that it has agreed to acquire Asiakastieto, Finland's biggest business and credit information company. The terms of the transaction were not disclosed. Asiakastieto will be acquired from GMT Communications Partners III LLP, the private equity investment fund of GMT Communications Partners, with the current management team also reinvesting in the company.

Aalberts Industries NV-Henco
Dutch company Aalberts Industries, which makes fittings used in taps and heaters, said it has acquired Belgium's Henco to boost its position in Eastern Europe. The price was undisclosed, but estimated to be between €80 million and €100 million ($126 million and $158 million).

Stay tuned to TheDeal.com and Deal International for updates to these stories and more.

- The editors

See earlier Eiffage story on TheDeal.com
See earlier Jelmoli story on TheDeal.com




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