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Friday July 25, 12:04 PM

Deals of the day -- mergers and acquisitions

July 25 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Friday.

(For Reuters columns on deals, click on [DEALTALK\]

** Korea Development Bank, Hana Bank and Kookmin Bank are providing a $400 million bridging loan for LS Cable Ltd's acquisition of Nasdaq-listed wire and cable maker Superior Essex Inc , banking sources said. To read more, please double click on [nHKG8562]

** Nuclear operator British Energy has agreed to be taken over by French utility Electricite de France for around 775 pence per share, a source briefed on the matter said. [nL5415550]

** Genentech Inc said a special committee of its three independent directors is assessing the proposal from Roche AG to acquire the shares of the biotechnology company it does not already own. [nN24443137]

** SunPower Corp said it bought Australian solar integrator and distributor, Solar Sales Pty Ltd to expand its presence into the growing Australian solar market. [nN24511656]

** Chemicals maker Huntsman Corp said it was approached by potential investors offering funding to help complete its $6.5 billion takeover by Apollo Management and its Hexion Specialty Chemicals unit. [nN24328279]

** Chinese state-owned commodities trading house Sinosteel has extended its offer for shares in Australian iron ore prospector Midwest Corp by a month to Aug. 25, it said in a regulatory filing. [nHKG15789] (Compiled by Tina Kwan in Singapore)


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