Deals of the day-Mergers and acquisitions

lunes 29 de agosto de 2016 06:04 GYT

Aug 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:

** Polish state-run insurer PZU and the PFR fund are in talks to offer a below-market 3 billion euros ($3.36 billion) to buy a 40.1 percent stake in Poland's second-largest bank Pekao SA from its owner, Italy's Unicredit, the Financial Times reported.

** Korea Electric Power Corp (KEPCO) signed a contract on Friday to buy a solar power plant from the U.S.-based Carlyle Group's Cogentrix Solar Holdings, KEPCO said in a statement released on Sunday.

** Hedge fund manager D.E. Shaw & Co LP is weighing a bid for SunEdison Inc's controlling stake in TerraForm Power Inc, the bankrupt U.S. renewable energy producer's most valuable asset, according to people familiar with the matter.

** Bankrupt U.S. teen retailer Aeropostale Inc received bids last week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter.

** Singapore sovereign wealth GIC Pte Ltd said on Monday it will acquire a 7.73 percent stake in Vietcombank, Vietnam's biggest lender by market capitalisation.

** Brazil's Samambaia investment fund bought 29 million units of local power company Energisa SA for 617 million reais ($188 million), STS GAEA Capital, a financial advisor to the fund, said in a statement on Friday.

** Germany's biggest lender Deutsche Bank on Friday said it would sell its Argentine subsidiary to local Banco Comafi as part of its strategy plan to streamline business abroad.

** Innogy SE, the network and renewable unit German utility RWE plans to list this autumn, said it agreed to buy Belectric Solar & Battery to bolster its position in energy storage and photovoltaics. (Compiled by Akankshita Mukhopadhyay in Bengaluru)