Deals of the day-Mergers and acquisitions

Fri Aug 28, 2015 4:00pm EDT
 
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(Adds Baxalta, TeliaSonera, Deutsche Postbank, SNS Reaal)

Aug 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** HSBC is dragging its feet on the sale of its Turkish business to ING Group, two sources familiar with the matter said, as the bank is no longer in a hurry to exit Turkey after securing a hefty $5.2 billion for its Brazilian unit.

** Wells Fargo & Co has emerged as the leading candidate to buy General Electric Co's railcar financing unit, Bloomberg reported. A deal to buy the business, which has more than $4 billion in assets, could be announced by the Sept. 7 U.S. Labor Day holiday, Bloomberg said.

** Drugmaker Baxalta Inc is in talks to buy Ariad Pharmaceuticals Inc to boost its oncology business, Bloomberg reported, citing people familiar with the matter.

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