Deals du jour
A brace of autos deals feature in this edition of Deals du jour. Bankrupt auto parts supplier Delphi Corp (DPHIQ.PK) has had talks with bankruptcy lenders readying a bid for its assets that could challenge a proposed sale to private equity firm Platinum Equity, people familiar with the discussions say. Meanwhile, as Christiaan Hetzner writes, General Motors will have a hard time overcoming Germany’s resistance to a financial investor if it wants to sell Opel to RHJ (RHJI.BR) in the hope that it could later buy its European carmaker back.
For these stories and all the rest of the latest deals news from Reuters, click here.
And in the newspapers (some external links might require subscriptions):
* Samsung Electronics (005930.KS), the world’s largest memory chipmaker, is expected to invest at least 1 trillion won ($790 million) in a semiconductor production facility in the second half, a newspaper reported. Reuters story here.
* India-focused mining group Vedanta Resources Plc (VED.L) is planning to expand to steel manufacturing with a partner, the Mint newspaper reported.
* Private equity group Blackstone (BX.N) is advising its rival Terra Firma on a plan to issue debt to repay Citigroup’s (C.N) 2.6 billion pounds of loans to music group EMI, the Financial Times reported on Thursday.
* BlackRock Inc (BLK.N) and Ameriprise Financial Inc (AMP.N) may buy pieces of Bank of America Corp’s (BAC.N) Columbia Management, Pensions & Investments reported, citing unnamed sources.
* Belgian financial investor RHJ (RHJI.BR) wants Opel to break even in 2011 on an operating basis by closing the carmaker’s Antwerp plant, idling production in Eisenach and cutting 3,900 jobs in Germany, business daily Handelsblatt reported. Story in German.


