Major Bids, Mergers, and Acquisitions Reported on June 25
European telecoms group Altice SA is making waves with its bid for Bouygues Telecom, valuing the French mobile operator at a minimum of 10 billion euros. The bidding war for Integrated Silicon Solution Inc is heating up, with Cypress Semiconductor Corp sweetening its offer to $22.60 per share. The owner of the Miami Dolphins is teaming up with Qatar to buy a controlling stake in Formula One for up to $8 billion. U.S. health insurer Aetna Inc is on the verge of acquiring rival Humana Inc in a deal worth billions. Buyout group Cinven is set to acquire German laboratory operator Synlab for over 1.7 billion euros. Daimler has purchased a minority stake in telematics provider Zonar Systems Inc. Johnson Matthey Plc is selling its research chemicals unit to Thermo Fisher Scientific Inc for over $400 million. Private equity funds CVC and KKR are eyeing a stake in Endesa, the Spanish subsidiary of Enel. The European Union will decide on Mylan’s bid for Perrigo by July 29. Magnum Hunter Resources Corp is looking to raise hundreds of millions by selling its stake in Eureka Hunter Holdings. French bank Societe Generale has sold a stake in Sopra Steria for over 100 million euros. British Airways-owner IAG is offering concessions to acquire a stake in Aer Lingus. Penn Virginia Corp’s shares have surged following a reported offer from BP. China’s three largest airline cargo carriers are set to merge. Total is in talks to sell its gas pipeline in the UK’s North Sea. Potash Corporation of Saskatchewan Inc is considering a takeover bid for K+S. Hillhouse Capital Group is looking to increase its stake in Xiaoju Kuaizhi. DS Smith Plc is acquiring Grupo Lantero’s corrugated products business. Orion Corp has submitted a bid for Tesco’s South Korean unit Homeplus. Assore has bought out African Rainbow Minerals’ stake in the Dwarsrivier chrome mine. Samsung Group firms are exploring options to boost shareholder returns post-merger. Vivendi may increase its stake in Telecom Italia. Rajawali Group is eyeing a significant stake in Felda Global Ventures Holdings Bhd. Bezeq Israel Telecom has taken full control of its satellite TV unit YES.