Deals of the day-Mergers and acquisitions
Adds: Elis, DSV, Mubadala Investment Company, Manila Electric Co Updates:
Sept 6 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Friday:
** Elis ELIS.PA said it had made a preliminary approach to U.S. uniform supplier Vestis VSTS.N about a potential acquisition, confirming a Reuters report that prompted the French workplace supplies provider's shares to tumble 16%.
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** Danish transport firm DSV DSV.CO is slightly ahead in the bidding race for German state railway Deutsche Bahn's logistics unit Schenker, several people familiar with the sales process told Reuters.
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** Abu Dhabi's Mubadala Investment Company applied to Turkey's Competition Board to take sole control of Turkish grocery delivery company Getir Perakende Lojistik, a statement on the board's website showed.
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** Philippine power generator and distributor Manila Electric Co MER.PS is selling a 40% stake in a solar power subsidiary to global investment firm Actis for $600 million, the company said.
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** Poland's InPost INPST.AS will decide whether it will use its call option for the remaining stake in Britain's Menzies by the end of this year, CEO Rafal Brzoska said.
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** Japanese retail giant Seven & i Holdings 3382.T said it had turned down Canada's Alimentation Couche-Tard's ATD.TO $38.5 billion cash bid, rejecting an offer that would be the largest-ever foreign buyout of a Japanese company.
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** Shanghai-based Haitong Securities 600837.SS said it has agreed to be acquired by its rival Guotai Junan Securities 601211.SS via a share swap, in one of the largest mergers in China's securities history.
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** Salesforce CRM.N said on Thursday it would buy Own Company, a provider of data protection and management solutions, for $1.9 billion in cash to accelerate growth of its data security and privacy products.
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(Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)
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