Deals of the day- Mergers and acquisitions

Fri Nov 7, 2014 4:00pm EST
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(Adds Valeant Pharma, ArcelorMittal, Athens airport, NIBE, Asia Resource Minerals, Enel Green Power, BC Partners, CAT oil, Survitec, Estee Lauder, Sears Holdings, updates Telecom Italia, One Equity)

Nov 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Japanese regional lenders Kagoshima Bank Ltd and Higo Bank Ltd said on Friday they were in merger talks, marking the second such move within a week in a fragmented industry that has been slow to consolidate. If completed, a merger between the two banks would create a lender with combined assets of 8.4 trillion yen ($72.9 billion).

** Poland's Energa SA is planning to invest 18.2 billion zlotys ($5.34 billion) until 2022, after the country's fourth largest utility posted a third-quarter net profit in line with market expectations, the group said on Friday.

** Songbird Estates, the majority owner of London's Canary Wharf, has rejected a 2.2 billion pound ($3.5 billion) takeover proposal from Qatar Investment Authority and Brookfield Property Partners, saying it "materially undervalued" the group.