Offers of the day-Mergers and acquisitions


(Adds NextEra Energy Partners, Sempra Energy and Blackstone Group)

Sept 30 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:

** Independent power producer NextEra Energy Partners LP said it will buy Meade Pipeline Co LLC, a co-owner of the Central Penn Line in Pennsylvania, in a deal valued at about $1.37 billion, including some future capital contributions.

** Sempra Energy said it would sell its Peruvian businesses to a unit of China Yangtze Power Co for $3.59 billion, as part of a planned exit from South America to focus on its core U.S. and Mexican markets.

** Blackstone Group Inc said it would buy U.S. industrial warehouses from real estate and investment management firm Colony Capital Inc in a $5.9 billion deal, to capitalize on the e-commerce boom.

** Westpac Banking Corp, Australia’s second-largest bank, is considering selling its life insurance business, two sources told Reuters, in what could be the last of the Big Four lenders to exit the industry.

** French oil major Total has completed the acquisition of Anadarko’s 26.5% stake in Mozambique’s liquefied natural gas project for $3.9 billion, Total said, in a deal expected to raise much-needed revenue for Mozambique.

** Rare diseases specialist Swedish Orphan Biovitrum (Sobi) said it had agreed to buy Dova Pharmaceuticals in a deal valuing the U.S. firm at up to $915 million.

** Sunrise Communications cut back the size of a rights offer but this failed to secure the support of a leading shareholder for its 6.3 billion Swiss franc ($6.35 billion) purchase of Liberty Global’s Swiss UPC unit.

** Dubai Aerospace Enterprise favours expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing, its chief executive said.

** Swedish infrastructure investor EQT has bought German fibre optic network operator Inexio, in a deal sources familiar with the transaction said was worth around 1 billion euros ($1.1 billion). (Compiled by Vibhuti Sharma in Bengaluru)



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