Deals of the day-Mergers and acquisitions
(Adds Sembcorp Industries)
Nov 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
** Singapore's Sembcorp Industries said on Friday its unit will buy majority interests between 73% and 100% in various subsidiaries of Gelex Group.
** Malaysian conglomerate Sime Darby said Ramsay Sime Darby Health Care, its 50-50 joint venture with Australia's Ramsay Health Care, will be sold for 5.7 billion ringgit ($1.21 billion).
** Austrian lender Erste Group said that it was repurchasing a 15% stake in its Hungarian subsidiary, currently held by Hungarian state-owned Corvinus International Investments.
** Swedish truckmaker Volvo said it had won an auction for the battery business of troubled Proterra in the United States with a $210 million bid.
** Japanese education company Benesse Holdings said it will go private in a 208 billion yen ($1.37 billion) management buyout that will have Swedish investment fund EQT AB as a partner.
** Mining company Vale will sell a 14% stake in its Indonesian nickel miner Vale Indonesia to bring the holding by overseas firms below the maximum limit, Indonesia's mining minister said.
** Talks of a merger between India's Zee Entertainment Enterprises and Japan's Sony's Indian arm have stalled after a clash on which company's top executive will run the merged entity, the Mint business daily reported.
** Japanese state-backed fund INCJ said it has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics, offloading 279 billion yen ($1.84 billion) worth of shares.
** Australian proxy advisor Ownership Matters recommended Origin Energy shareholders support a $10.5 billion bid by a consortium led by Canada's Brookfield, the third adviser to swing behind the deal this week.
** Software services provider Bill Holdings on Thursday denied a media report that said it was pursuing an acquisition of Melio Payments. (Compiled by Rajarshi Roy, Puyaan Singh and Aishwarya Jain in Bengaluru)