off-the-wire

Deals of the day-Mergers and acquisitions

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:
** Several Teck Resources Ltd shareholders called on Wednesday for Glencore Plc to sweeten its takeover bid for the copper-and-zinc miner, saying the offer is still not high enough for them to oppose Teck's own restructuring plan.



** The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd , three people familiar with the matter told Reuters.


** India's largest power producer NTPC is considering fresh offers for a stake in its green arm after top bidder Petronas withdrew its offer, Bloomberg News reported.


** Top global miner BHP Group has won over Oz Minerals' shareholders as expected to go ahead with a $9.6 billion ($6.4 billion) takeover of the Australian copper producer. (Compiled by Rajarshi Roy and Anne Florentyna Gnanaraja Sekar in Bengaluru)

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