Aug 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Singapore Airlines (SIA) said it has received
approval from the Indian government for foreign direct
investment, as part of a merger in which Vistara, its 49%-owned
joint venture with Tata, will be absorbed into Air India.
** Hungarian consortium Ganz-Mavag said it was withdrawing
the tender offer for all the shares of Spanish train
manufacturer Talgo after the government vetoed the
transaction earlier this week.
** Unieuro's board of directors failed to agree
on the priceof a takeover bid from Fnac Darty and Ruby
Equity Investment, the Italian consumer electronics retailer
said.
** PPG Industries ( PPG ) will sell its silica products
business to Polish chemical company QEMETICA for $310 million,
the paints and coatings maker said.
(Compiled by Rajarshi Roy and Harshita Mary Varghese in
Bengaluru)