Monday, April 9, 2012

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

Reuters: Market News
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Deals of the day -- mergers and acquisitions
Apr 9th 2012, 09:09

April 9 | Mon Apr 9, 2012 5:09am EDT

April 9 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday:

** Private equity firm KSL Corp raised its bid for Great Wolf Resorts Inc by 12 percent to $234 million as it works to top rival buyout group Apollo Global Management in their battle to acquire North America's largest operator of indoor water parks.

** Japanese electric wire and cable maker Fujikura Ltd said on Monday that it plans to buy U.S. telecom equipment firm Nistica Inc, as it looks to expand in optical equipment for high-speed networks.

** Burgan Bank, a Kuwaiti lender, has agreed to buy Greek lender EFG Eurobank's Turkish arm for $355 million, Burgan said in a statement on Monday.

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