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Friday July 25, 12:04 PM
Deals of the day -- mergers and acquisitionsJuly 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\]
** 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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