7 Deals of the Day- Mergers and Acquisitions

 The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday:

** Li Ka-shing's Hutchison Whampoa Ltd said it had entered into exclusive talks to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion).

Hutchison Whampoa group finance director Frank Sixt said the company is in talks with private equity firms among others to offer a minority stake in its planned bid for O2.

** Singapore conglomerate Keppel Corp Ltd offered as much as S$3.6 billion ($2.7 billion) to take over the shares in subsidiary Keppel Land Ltd that it does not already own.

** India is likely to sell a 5 percent stake in state-run Power Finance Corp Ltd next week, a finance ministry source said, as the government scrambles to meet part of a near $10 billion share sale target before March 31.

** India plans to sell a 5 percent stake in state-run Dredging Corp of India Ltd (DCIL), the country's largest dredging company, and has invited bids from merchant bankers, the government said.

** Electricite de France SA is weighing options for its national power distribution network, Reseau de Transport d'Electricite (RTE), including a stake sale or a partial spinoff of the business as soon as this year, Bloomberg News reported.

** Spanish bank BBVA has agreed to sell a 4.9 percent stake in China's CITIC Bank to property developer Xinhu Zhongbao for HK$13.136 billion ($1.69 billion) as it looks to bolster its capital base.

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