Deals of the day -- mergers and acquisitions
Nov 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Wednesday:
** French communications conglomerate Vivendi SA is looking to raise at least 7 billion euros ($8.9 billion) from the sale of Brazilian unit GVT and has attracted expressions of interest from at least four bidders, said two sources with direct knowledge of the situation.
U.S. satellite provider DirecTV said it is in the early stages of evaluating a potential acquisition of GVT.
** HSBC is nearing the sale of more than $6 billion of U.S. mortgages and other personal lending as part of its accelerated run-down of its troubled U.S. loans book.
** Apollo Global Management LLC is in exclusive talks to buy the education unit of McGraw-Hill Companies Inc , a person familiar with the matter said, in a deal that could be worth about $3 billion. Continued...