Midweek M&A Madness

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.

IPL Inc., a Canadian manufacturer of plastic products, has constituted a strategic review committee of independent directors to investigate and evaluate the various strategic alternatives IPL. IPL has retained Ernst & Young Orenda Corporate Finance Inc. as advisors to assist in this process.

TCW Group is selling $450 million of mortgage-backed securities. The bids were taken on December 8. The securities include Alt-A and prime-jumbo mortgage bonds held by the Los Angeles-based company’s TCW Total Return Bond Fund and TCW Galileo Total Return Bond Fund.

Dow Chemical and BASF are seeking buyers for styrene-making segments of their businesses.

Deutsche Bank is seeking buyers of its Sal. Oppenheim’s BHF-Bank private banking unit.

U.S. Bank is selling off three banks out of a group it recently bought from FDIC. That includes Citizens National Bank in Teague, Madisonville State Bank in Madisonville and North Houston Bank in Houston.

BG has issued the teaser document for the sale of its US and UK power stations. The sale is being conducted by Goldman Sachs. (Reuters)

Royal Bank of Scotland and Sempra Energy have tapped investment bank Lazard Ltd to help them sell their commodities trading joint venture, RBS Sempra Commodities.

A need to manage exponential growth in mobile data traffic and emerging consolidation in the space could put Canada’s Bridgewater Systems into takeover play, with Nokia Siemens Networks and Cisco topping the list of potential suitors. (Reuters)

Urodynamix Technologies Ltd., a TSX-listed maker of bladder products, has initiated a process to review strategic alternatives including the sale of part of or all of the Company’s assets.

The acquisition of NBCU by Comcast could spur M&A in the television sector, and DirecTV, owned by Liberty Media, is a target. Discovery Communications, CW Television Network and Scripps Networks Interactive could become targets. (Reuters)

Shinsei bank is selling Pacific Century Palace, a 32-story office building located next to Tokyo railway station, for around $16 billion. Secured Capital Japan Co is one bidder which is still working on financing.

Private equity investor Permira is in talks to buy back some of the debt it amassed to purchase Italy’s Valentino Fashion Group two years ago, sources close to the matter said. (Reuters)

Dutch sports car maker Spyker Cars NV remains interested in buying Swedish auto brand Saab and is not aware of any deadline imposed on the process, a spokesman for Spyker said. (Reuters)

Sempra Energy may join Royal Bank of Scotland Group Plc in selling their entire joint commodities business.

The bankruptcy of General Growth Properties has created a once-in-a-lifetime opportunity for suitors. Simon Property Group Inc, the largest U.S. mall owner, and Brookfield Asset Management, a property investor, have approached the company. Other potential bidders include Westfield Group, Blackstone Group LP, Vornado Realty Trust, Unibail-Rodamco SA, CBL & Associates Properties Inc, Macerich Co and Taubman Centers Inc.

See All Prior Lists Here