March 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Singapore Telecommunications (SingTel) is
looking to sell a significant stake in its wholly owned
Australian unit Optus to Canadian private equity giant
Brookfield, a source with direct knowledge of the
matter said.
** Denmark's Orsted said it has agreed to sell
stakes in four U.S. onshore wind farms with a total capacity of
957 megawatt to investment group Stonepeak for around $300
million.
** Australia's PSC Insurance said it is in talks
regarding a possible buyout after being approached by multiple
parties, confirming a local media report.
** Steelmaker ArcelorMittal said on Tuesday it will
acquire a 28.4% stake in Vallourec for around 955
million euros ($1.04 billion) to increase its exposure in the
tubular business.
(Compiled by Rajarshi and Pratik Jain in Bengaluru)