Deals of the day-Mergers and acquisitions

Wed Jul 6, 2016 4:00pm EDT
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(Adds Alrosa, Frankfurt-Hahn, CPFL, Tata Steel, Cargill, Trainose)

July 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Russia has launched the sale of a stake in diamond producer Alrosa as part of a privatisation programme to help to bolster government finances which have been hit by weak oil prices.

** The sale of loss-making German airport Frankfurt-Hahn to a Chinese investor appears close to collapse, the airport's local government owner said, after the buyer failed to make an initial payment last week.

The owners of Hahn, a former military base now used mainly by budget airline Ryanair, had planned to sell an 82.5 percent stake to China's Shanghai Yiqian Trading Co.

** China's State Grid International Development Ltd has told Brazilian officials it has 20 billion reais ($6.02 billion) available to extend the same terms of a buyout offer to minority shareholders of CPFL Energia SA, two government sources told Reuters.