Wednesday, September 12, 2012

Reuters: Bankruptcy News: Deals of the day -- mergers and acquisitions

Reuters: Bankruptcy News
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Deals of the day -- mergers and acquisitions
Sep 12th 2012, 10:02

Sept 12 | Wed Sep 12, 2012 6:02am EDT

Sept 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

** Prime Focus World, which created the special effects for "Avatar," "Harry Potter" and other Hollywood blockbusters, is contemplating a bid for Digital Domain Media Group, which filed for bankruptcy protection on Sept. 11, according to a person with knowledge of its interest.

** Two of Denmark's smaller listed banks, Salling Bank and Vinderup Bank, said they had agreed to merge to obtain synergies, with Salling Bank as the continuing entity.

** Norway's Aker ASA proposed a merger with Aker BioMarine ASA as a result of an offer made by the biotechnology company's second-largest owner, AXA Investment Managers, to sell its shareholding in Aker BioMarine to Aker.

** New Zealand kitchen appliance maker Fisher and Paykel Appliances Holdings Ltd has been approached by firms interested in buying some of its divisions after Chinese white-goods maker Haier Group offered to take over the entire company.

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