February 6, 2019 / 3:33 PM / 10 months ago

Deals of the day-Mergers and acquisitions

(Adds Equinox, Alstom, Orion Health)

Feb 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

** Orion Health Group Ltd said it received a takeover offer from Grafton Health Holdings Ltd for NZ$111.2 million ($75.95 million).

** The European Commission’s decision to block a tie-up between Alstom and Germany’s Siemens is fueling speculation over possible merger talks between the French rail business and Canada’s Bombardier, lifting both companies’ shares.

** Italian sportswear group Manifattura Valcismon, famous for making jerseys for the Giro d’Italia cycling race, said it had sold a 40 percent stake to private equity fund Equinox.

** Canadian cannabis producer Aphria Inc said it had rejected U.S. cannabis retailer Green Growth Brands Inc’s hostile takeover bid, saying the offer significantly undervalued the company.

** Siemens said it regretted the European Commission’s decision to block merger of its rail business with France’s Alstom and would now assess “all options” for the future of its own train operations.

** Alstom shares rallied after Brussels rejected the French rail manufacturer’s plan to merge with Siemens’ rail division to create a powerful European rail business.

** Uniper said nothing was off limits in fresh talks with Finland’s Fortum, its top shareholder, renewing investor hopes for a full takeover of the 9.7 billion euro ($11.1 billion) German energy group.

** Switzerland’s Sunrise Communications Group AG has confirmed it is in talks over a potential acquisition of broadband provider Liberty Global’s Swiss business UPC Schweiz.

** France will discuss with Germany ways to change European rules on competition, in light of an imminent EU veto on a planned deal between Siemens and Alstom, said French finance minister Bruno Le Maire.

** Societe Generale has agreed to sell its Moldovan unit to Hungary’s OTP Bank, as the French bank continues its retreat from parts of eastern Europe while OTP gradually increases its presence in the region.

** Russia’s anti-monopoly service (FAS) said that various forms of cooperation were still possible with oilfield services giant Schlumberger despite the company’s bid for Eurasia Drilling Company falling apart.

** MONETA Money Bank aims to let its shareholders participate in a share issue to finance its takeover of Air Bank, its chief executive said, as the lender seeks investor backing for one of the biggest deals in Czech banking in years.

** Russia’s RDIF sovereign wealth fund may consider bidding for a stake of up to 30 percent in Eurasia Drilling Company, the fund’s head, Kirill Dmitriev, said. (Compiled by Manogna Maddipatla in Bengaluru)

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