Deals of the day- Mergers and acquisitions

Fri Dec 5, 2014 4:00pm EST
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(Adds Oriola-KD, Alex and Ani, Altice; Updates Club Mediterranee, Balfour Beatty)

Dec 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** France's deal with India to sell 126 Rafale fighter jets in a transaction worth an estimated $15 billion will need several months more negotiations, French Defense Minister Jean-Yves Le Drian said on Friday.

** Songbird Estates, the owner of London's Canary Wharf financial district, has rejected a raised joint bid from Qatar's sovereign wealth fund and a North American investor that values the company at 2.6 billion pounds ($4.07 billion).

** British infrastructure group Balfour Beatty has rejected a 1 billion pound ($1.6 billion) offer from John Laing Infrastructure Fund (JLIF) for assets it operates in partnership with government, saying the price was too low.