Mergers and Acquisitions: Nokia, Borders, WellPoint Shaking Hands

Private equity firms Leonard Green and CVC Capital Partners may make a $2.8 billion joint offer for BJ’s Wholesale Club (NYSE:BJ) next week. BJ’s shares are up 1.99% this morning.

Private equity firm Najafi is in talks to buy Borders Group (PINK:BGPIQ) out of bankruptcy protection. Najafi isn’t the only firm interested in the bookseller; Gores Group made a $200 million offer last week to buy over 200 of Borders’ remaining 405 stores.

The largest U.S. health insurer, WellPoint (NYSE:WLP), has agreed to buy CareMore, a privately held provider of managed care for over 40,000 senior citizens in California, Nevada, and Arizona. WellPoint shares are down 0.70% so far this morning,

Healthcare company Covidien (NYSE:COV) is looking for a buyer for its pharmaceutical unit. They were in talks with a potential buyer earlier this year, but negotiations fell through and Covidien is not currently in active talks. In the past, Covidien has sought over $3 billion for the unit that brought in about $2 billion in net sales in 2010. Shares are up 0.70% today, trading at $54.68 a share.

There is speculation that Samsung (PINK:SSNLF) is in talks to buy Nokia (NYSE:NOK), whose shares are down another 3.52% today after Samsung declined to comment on the possible bid.

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