M&A

19 November, 2009

Deals of the day -- mergers and acquisitions

Nov 19 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Thursday.

(For Reuters columns on deals, click on [DEALTALK/])

** Mitsubishi Chemical Holdings (4188.T), Japan's largest chemicals firm, said it would launch a roughly 228 billion yen ($2.6 billion) bid to buy acrylic fibre and resins maker Mitsubishi Rayon (3404.T). To read more, please double click on [ID:nTFD006447]

** Italy's Ferrero and U.S.-based Hershey Co are considering a bid for chocolatier Cadbury Plc (CBRY.L), but Kraft Foods Inc (KFT.N) is still seen as the front-runner with its $16.8 billion hostile offer. [ID:nLI564317] (Compiled by Tina Kwan in Singapore)

Source: http://www.reuters.com