Deals of the day- Mergers and acquisitions

Thu Feb 27, 2014 4:00pm EST
 
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Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** General Electric Co is preparing to sell its energy unit that makes fuel dispensers in a deal that is expected to fetch more than $500 million, people familiar with the matter said on Thursday.

** A consortium involving two Maori tribes will bid against private equity giant Carlyle Group Ltd for Transpacific Industries Group Ltd's New Zealand waste management business, a deal expected to fetch NZ$1 billion ($830 million), a person involved in the bid told Reuters.

** Bayer AG said it would buy privately held Dihon Pharmaceutical Group Co, a maker of traditional herbal Chinese medicines, as the German drugmaker pushes to become the world's largest non-prescription medicines group.

** Spain's Acciona SA is looking for a buyer of a minority stake in its international renewable energy portfolio, which has revenues of about 500 million euros ($683.35 million), the company said on Thursday.   Continued...