Deals of the day -- mergers and acquisitions

Fri Jun 14, 2013 9:41am EDT
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June 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** China's Sinopec is negotiating to join a $20 billion liquefied natural gas project run by Russia's Novatek, a source close to the talks said, which would be the biggest foray yet by a Chinese firm into Russia's Arctic.

** India kicked off its plan to raise 400 billion rupees ($6.92 billion) through asset sales this fiscal year with the sale of a stake in trading firm MMTC Ltd, whose discounted share offering was oversubscribed on Thursday.

** British mobile firm Vodafone is considering raising its offer for Kabel Deutschland after an initial 7.2 billion euro ($9.6 billion) bid was knocked back by Germany's biggest cable operator, one person close to the matter said.

** JPMorgan Chase & Co said its private equity unit, One Equity Partners, will become independent from the bank and raise future funds from an external group of partners. One Equity currently manages about $4.5 billion in investments for JPMorgan.   Continued...