(Adds Thomson Reuters, WME-IMG and others; updates London Stock
Exchange, China International Travel Service)
July 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:
** Thomson Reuters Corp TRI.TO said it would sell its
intellectual property and science business to private equity
firms Onex Corp OCX.TO and Baring Private Equity Asia for
$3.55 billion in cash. Sports and celebrity talent management agency WME-IMG
said it would buy Ultimate Fighting Championship (UFC), which
organizes mixed martial arts events, in a deal backed by private
equity firms Silver Lake Partners LP and KKR & Co LP KKR.N .
London Stock Exchange Group Plc LSE.L and Deutsche
Boerse DB1Gn.DE have agreed to lower the level of approvals
they need from the German exchange's investors to push through
their planned merger. France's state shareholding agency APE has asked bidders
to submit a third round of offers by midday on Tuesday for a 60
percent stake in Lyon-Saint-Exupery airport, three sources close
to the matter said on Monday. China has announced the merger of its biggest tourism
groups, China International Travel Service Group Co and
wholly-owned subsidiary China National Travel Service Corp, in a
multi-billion dollar restructuring of the sector. Brazil's for-profit education provider Ser Educacional
SEER3.SA said it had ended its bid for rival Estacio
Participacoes ESTC3.SA after the target company board endorsed
a separate offer from Kroton KROT3.SA on Friday. Talks between Japan's Idemitsu Kosan Co 5019.T and its
founding family have failed to resolve an impasse over the oil
refiner's proposal to buy rival Showa Shell (LON:RDSa) Sekiyu KK 5002.T ,
both sides said. Spain's largest lender Banco Santander SAN.MC will look
into the pending sale of Austrian Raiffeisen's RBIV.VI Polish
arm, raising the number of potential bidders to five, two market
sources told Reuters. Britain said on Monday it could still take a stake in
Tata Steel 's TISC.NS largest assets, including the Port Talbot
plant, or offer loans in order to find a buyer after the Indian
steelmaker said it was pausing the sale. U.S. buyout firm Advent has sold its stake in German book
retailer Thalia to a family of publishers, who vowed to pursue
restructuring the retailer has adopted in recent years amid
rising pressure from online competitors. Britain's Rolls-Royce RR.L said it would buy the
outstanding 53.1 percent shareholding in aircraft engine and
components firm Industria de Turbo Propulsores (ITP) owned by
SENER Grupo de Ingeniería for 720 million euros ($795 million).
LafargeHolcim Ltd LHN.S has agreed to sell its Lafarge
India business to Nirma Ltd for an enterprise value of around
$1.4 billion, the world's biggest cement maker said on Monday.
Russian businessman Mikhail Prokhorov's Onexim Group has
sold its 20 percent stake in Uralkali URKA.MM , the world's
largest producer of crop nutrient potash, Onexim said on Friday.