Deals of the day -- mergers and acquisitions

Published: 19 Jul 2009 20:12:32 PST

July 20 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Monday.

** China Investment Corp (CIC), the country's $200 billion sovereign wealth fund, has agreed to invest HK$2 billion ($258.1 million) for a 40 percent stake in private equity fund manager CITIC Capital, sources said.

** Australian mine engineering contractor GRD Ltd recommended a A$106 million ($85 million) takeover offer from UK engineering firm AMEC Plc.

** Online gaming group PartyGaming is close to announcing a 100 million-pound ($163.1 million) deal to buy Cashcade, owner of the foxybingo.com Web site, a source familiar with the matter said.