Deals of the day-Mergers and acquisitions

Wed Mar 2, 2016 4:14pm EST
 
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(Adds GE, Sports Authority, CK Hutchison, Reichhold; Updates McKesson, Petrobras)

March 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

** General Electric Co said it would sell its India commercial lending and leasing businesses to a consortium of former GE Capital executives and Aion Capital Partners as it looks to trim itself and focus on its industrial businesses.

** Sports Authority Inc filed for Chapter 11 protection in the face of growing online competition, touching off a scramble to close weaker stores and find a buyer before the end of next month.

** CK Hutchison Holdings Ltd has offered concessions in a bid to secure EU antitrust approval for its proposed 10.3-billion-pound ($14.47 billion) bid for Telefonica's British mobile unit, the European Commission said.

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