Deals of the day- Mergers and acquisitions

Tue Mar 31, 2015 4:06pm EDT
 
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(Adds Enel Green Power, TowerBrook Capital, Gruma, Petroleo Brasileiro, Orange, Singapore Airlines, AngloGold Ashanti, Saba, Reliance Industries, updates Charter Communications)

March 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** John Malone-backed Charter Communications Inc said it would buy Bright House Networks in a $10.4 billion deal as it expands its cable network after losing out to Comcast Corp in a fight for Time Warner Cable Inc.

** Philips said it had agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion to Go Scale Capital, a new investment fund that focuses on "disruptive" technologies.

** Property and casualty insurer Endurance Specialty Holdings Ltd will buy reinsurer Montpelier Re Holdings Ltd for about $1.83 billion to expand into the Lloyd's of London underwriting business.

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