M&A Monday (On a Tuesday) Feb 2010

Here are some potential M&A ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts “Seeking Buyers” list. For prior lists, see below.

First Uranium, a publicly listed South African mining company, has formed a special committee to review strategic alternatives.

L-1 Identity Solutions, Inc., a supplier of identity solutions and services, continues to explore strategic alternatives.

MGM Mirage Inc. was rumored to be seeking a buyer for its 50 percent interest in Borgata Hotel Casino & Spa, which is a venture with Boyd Gaming Corp.

Citi Property Investors is seeking a buyer.

Nortel Networks Corp. is considering the sale of its wireless patents, which could garner up to $1 billion.
Macquarie Infrastructure Co. LLC is seeking a buyer for its bankrupt Parking Co. of America Airports LLC unit via an auction. Bainbridge ZKS- Corinthian Holdings LLC was named a potential bidder.

Holder Hospitality Group LLC is seeking a buyer for its Red Garter Casino unit via an auction.

Planet Organic Health, a natural food product company and retailer based in Edmonton, Canada, is seeking a buyer for its certain non-core assets.

Catalyst Media Group PLC, a subscription video business based in London, is seeking a buyer for the company.

Citigroup Inc. is seeking a buyer for its ski resort facilities located in Hokkaido, Japan. Terms were not disclosed, but according to analyst estimates, the deal was valued at about $ 80 million.

Modular housing manufacturer Winalta Inc. has set up a committee to consider strategic alternatives, including a potential sale of some or all of the company. An unidentified bidder has made an offer for part of the company, Winalta said.

DFS Furniture Co. PLC based in Doncaster, UK, is seeking a buyer for the company. Mitchells & Butler’s, Permira, Advent International, Cinven and Warburg Pincus were named potential bidders.

James Bay Resources, a Canadian mineral exploration company, is evaluating its ‘Ring of Fire’ property and is looking at strategic alternatives to maximize the value of its significant land package.

AdultShop.com Ltd, an online retailer based in Australia, is seeking a buyer. The transaction will include the retail and Web businesses.

CEZ, an energy company based in Chvaletice, Czech Republic, is seeking a buyer for its coal-operated power plant.

Daehan Shipbuilding Co. Ltd., based in South Korea, is seeking a buyer for the entire share capital of the company. STX Offshore & Shipbuilding Co. Ltd., Daewoo Shipbuilding Co. Ltd. and an Arabian fund were named bidders.

La Gata de Cristal, a Spain-based operator of hotels, is seeking a buyer for the company.

See All Prior Lists Here