January 15, 2019 / 10:38 AM / 7 months ago

Deals of the day-Mergers and acquisitions

(Adds Vale, Deutsche Bank, Apollo Global, Alstom)

Jan 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Iron ore miner Vale SA has won approval from Brazil’s antitrust regulator to buy three wind farms in the northeast of the country from investment fund Salus, according to an announcement in the official gazette.

** German government representatives have asked banking supervisors how they would view a merger between Germany’s two largest banks, Deutsche Bank and Commerzbank , a German newspaper reported.

** Apollo Global Management LLC is nearing a deal to buy U.S. aluminum products maker Arconic Inc for more than $10 billion, the Wall Street Journal reported.

** The European Commission will be objective, but not naive and will take into account future economic developments when it decides over a rail deal between industrial groups Alstom and Siemens, an EU senior official said.

** Italian infrastructure group Salini Impregilo has no ready offer on the table for troubled builder Astaldi , a source close to the matter said.

** Oman government-owned firm Majis Industrial Services has bought a “significant” minority stake in United Arab Emirates company Utico for $400 million, Utico’s CEO Richard Menezes told reporters in Abu Dhabi.

** Australian adult education provider Navitas Ltd said it will back a sweetened buyout proposal worth A$2.09 billion ($1.50 billion) from its founder and a private equity firm.

** Australian wealth manager IOOF Holdings Ltd said its buyout of pension assets from Australia and New Zealand Banking Group Ltd has been delayed by at least three months, as fallout from a damaging finance sector inquiry hits dealmaking.

** Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar, its CEO Akbar al-Baker said.

** Britain’s biggest domestic airline Flybe Group Plc said it had reached an agreement to sell its main trading company Flybe Limited and the digital company Flybe.com, for 2.8 million pounds ($3.6 million) to Connect Airways.

** Thailand is finalising the terms of a merger between TMB Bank Pcl and Thanachart Bank and the Cabinet is expected to approve it by the end of this month, a senior finance ministry official said.

** Buyout group EQT Partners is launching the sale of outsourcing firm VFS in coming weeks in a potential 2-2.5 billion Swiss franc ($2.03-2.54 billion) deal, people close to the matter said.

** Liberty Latin America Ltd, a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA with an acquisition offer, Millicom said on Monday. (Compiled by Shradha Singh in Bengaluru)

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