>>> Hutchison's 3 readying bid for loser of BT's UK deal - s

Hutchison's 3 readying bid for loser of BT's UK deal - sources - RTRS

(Reuters) - Hutchison Whampoa 0013.HK, the owner of Britain's fourth largest mobile operator 3 Group, is readying a bid for one of its rivals EE or O2, depending on which is left out of a tie-up with fixed line operator BT Group, said several sources familiar with the matter.

Hutchison is working on the deal with an advisory boutique, said the sources.

The Chinese player could table a bid for either EE or Telefonica's O2 by the end of the year as BT is expected to decide on a deal in the coming weeks, said the people who asked not to be named because the talks are private.

Hutchison was not immediately available for comment.

>>> Lafarge/Holcim's European assets attract Dalmia Bharat

Lafarge/Holcim's European assets attract Dalmia Bharat 

Dalmia Bharat, the India-based cement producer, is in discussions to submit an offer for either a single or several of the cements assets in Europe put up for sale by the France-based Lafarge and the Switzerland-based Holcim, ET Now, citing undisclosed sources.

UltraTech, another India-based cement company, has already begun a process of due diligence after making non-binding offers for certain Lafarge-Holcim plants in The Philippines and Brazil, the TV channel said, and added it is believed that UltraTech is seeking to raise more than USD 1bn already from the market to take part in the concluding bidding round for the assets.

Undisclosed sources indicate it is expected that binding bids would be submitted by a deadline of January 2015, the business news channel said.

Although several available options are being explored by Dalmia Bharat, much would be determined by whether the company possesses the financial muscle to do a large acquisition, the TV channel cited an undisclosed source as saying.

No comment was offered by a spokesperson for Dalmia Bharat.
ET Now

>>> Lafarge/Holcim's European assets attract Dalmia Bharat

Lafarge/Holcim's European assets attract Dalmia Bharat 

Dalmia Bharat, the India-based cement producer, is in discussions to submit an offer for either a single or several of the cements assets in Europe put up for sale by the France-based Lafarge and the Switzerland-based Holcim, ET Now, citing undisclosed sources.

UltraTech, another India-based cement company, has already begun a process of due diligence after making non-binding offers for certain Lafarge-Holcim plants in The Philippines and Brazil, the TV channel said, and added it is believed that UltraTech is seeking to raise more than USD 1bn already from the market to take part in the concluding bidding round for the assets.

Undisclosed sources indicate it is expected that binding bids would be submitted by a deadline of January 2015, the business news channel said.

Although several available options are being explored by Dalmia Bharat, much would be determined by whether the company possesses the financial muscle to do a large acquisition, the TV channel cited an undisclosed source as saying.

No comment was offered by a spokesperson for Dalmia Bharat.
ET Now

(BFW) Technip Bid for CGG ‘Sensitive’ for French Economy, Macron Says

BN 11/27 16:13 Technip Bid for CGG ‘Sensitive’ for French Economy, Macron Says
Technip Bid for CGG ‘Sensitive’ for French Economy, Macron Says
2014-11-27 16:16:50.29 GMT


By James Ludden
Nov. 27 (Bloomberg) -- French govt is watching the
potential deal closely, Economy Minister Emmanuel Macron tells
Bloomberg’s Tara Patel in interview.
* “They are two private companies in which the state has a
stake,” Macron says. “I don’t want to speak at this stage.
It’s not the state’s role to recommend any one course of
action”
* Technip down 4.4% today on OPEC decision
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(BFW) Norway Wealth Fund May Invest More in Env Tech Next Yr

MORE: Norway Wealth Fund May Invest More in Env Tech Next Yr
2014-11-27 16:14:22.497 GMT


By Thomas Mulier
Nov. 27 (Bloomberg) -- Environmental tech is about 1% of
equity assets now, CEO Slyngstad says in interview in Geneva.
* Fund likely to adopt mandate effective Jan. 1 to boost that
to 1% of portfolio
* Env tech includes companies in renewable energy, energy
storage, transport, waste management, water management,
agriculture


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