Deals of the day- Mergers and acquisitions
Jan 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:
** Bids due on Monday for the oil and gas exploration offshoot of German utility RWE AG will value the unit at some 4 billion euros ($5.4 billion), sources said, well below expectations and sending its shares lower.
** Hochtief, the German builder controlled by Spanish group ACS, has received bids for its real estate business Aurelis in a potential 1 billion euro ($1.4 billion) deal, three people familiar with the matter told Reuters.
** U.S. private equity firm Cerberus Capital Management LP has decided to sell its entire majority stake in Japanese property operator Kokusai Kogyo Co to its founding family for 130-140 billion yen ($1.25-1.34 billion), people with direct knowledge of the deal said.