Oct 15 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Spain's Santander is merging its digital lender

Openbank with its consumer finance business in Europe as part of

a drive to simplify its structure and reduce costs, the bank

said.

** Bouygues Telecom, Free-iliad Group and Orange

said on Tuesday they had submitted a non-binding offer

to acquire a large part of Altice's activities in France for a

total enterprise value of 17 billion euros.

** Spanish gas grid operator Enagas is in talks to

acquire Singaporean sovereign wealth fund GIC's 32% stake in

Terega, France's second-largest gas transmission operator,

according to two people familiar with the situation.

(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)