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 Deals of the day-Mergers and acquisitions

Deals of the day -- mergers and acquisitions
June, 10th 2009

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Wednesday.

Hotel group Accor (ACCP.PA: Quote, Profile, Research) said it has sold a 4 percent stake in holiday group Club Mediterranee (CMIP.PA: Quote, Profile, Research) to French bank Credit Agricole (CAGR.PA: Quote, Profile, Research).

Malaysian gaming group Genting (GENT.KL: Quote, Profile, Research) has paid $100 million for a 3.2 percent stake in U.S. casino operator MGM Mirage (MGM.N: Quote, Profile, Research), an official from the U.S. company said.

The Supreme Court cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.

 
 
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