November 26, 2018 / 10:52 AM / in 18 days

Deals of the day-Mergers and acquisitions

(Adds Bayer, Rheinmetall, AccorHotels, Deutsche Telekom, WPP, Paychex, HSH Nordbank; Updates Rio Tinto, Faroe Petroleum)

Nov 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** Bayer will discuss selling certain consumer health brands at a supervisory board meeting this week and will also review options for its animal health division, people close to the matter said.

** Rheinmetall said it was in talks about buying a stake in rival KMW and Nexter Defense Systems N.V.

** France's AccorHotels plans to buy the rest of Poland's Orbis for 1.9 billion zlotys ($501 million) to strengthen its position in Central Europe.

** EU antitrust regulators will approve Deutsche Telekom's bid to acquire Swedish peer Tele2's Dutch unit without demanding concessions from Europe's largest telecoms operator, people familiar with the matter said.

** WPP said it would merge its famous JWT agency with its digital outfit Wunderman in the most eye-catching effort yet by the world's biggest advertising group to simplify its business.

** Payroll processor Paychex Inc said it plans to buy Oasis Outsourcing Acquisition Corp for $1.2 billion in cash to expand its human resources outsourcing services.

** EU state aid regulators approved the sale of German lender HSH Nordbank to private equity funds J.C. Flowers and Cerberus, saying the sale did not involve public support.

** India's debt-laden Infrastructure Leasing & Financial Services (IL&FS) said it received more than a dozen expressions of interest for its stakes in subsidiaries IL&FS Securities Services and ISSL Settlement & Transaction Services.

** Britain's Faroe Petroleum rejected a 608 million pound ($781 million) hostile bid by DNO, which it said substantially undervalued the Aberdeen-based firm.

** British regional airline Flybe Group Plc's shares surged 40 percent after the Sunday Telegraph reported that Richard Branson-founded Virgin Atlantic and British Airways owner IAG will battle it out to buy airline.

** Alps Electric Co's stock jumped 8 percent after the firm promised a share buyback of about 40 billion yen ($353 million) to win support for an acquisition - a pledge backed by Elliott Management, a stakeholder in both suitor and target.

** Credit Agricole is not planning to acquire German peer Commerzbank, the chief executive officer of the French bank told daily Frankfurter Allgemeine Zeitung.

** Greece's third-largest lender Eurobank is offering 15.8 of its shares for every one share of real estate firm Grivalia Properties in an agreed acquisition via a share exchange, the bank said.

** New Hope Corp Ltd will buy a further 10 percent stake in the Bengalla thermal coal mine in Hunter Valley, New South Wales from Japan's Mitsui & Co Ltd for A$215 million ($155.7 million), the Australian coal miner said.

** Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real estate classifieds website Property Finder.

** Rio Tinto will sell its 69 percent stake in a Namibian uranium mine to China National Uranium Corp (CNUC) for up to $106.5 million, it said, as China seeks to bolster supplies and Rio offloads less-profitable assets.

** Japan's Daikin Industries Ltd said it would buy Austria-based AHT Cooling Systems for 881 million euros ($1 billion) as it seeks global growth outside the maturing air-conditioning business in the developed world.

** Logitech International SA, a Swiss manufacturer of keyboards and webcams, said it has terminated discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets. (Compiled by Mary Ann Alapatt and Bharath Manjesh in Bengaluru)

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