Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Nov 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:
** BP BP.L is in talks with Petrobras PETR3.SA to sell a stake in the Bumerangue oil block off the coast of Brazil, Bloomberg News reported, citing people familiar with the matter. nL6N46T0R1
** Spanish lender Santander SAN.MC offered to acquire the remaining stake of around 10% it does not already own in its Brazil unit SANB11.SA through a share swap for around €1.9 billion ($2.1 billion) following a 5% rise in the exchange ratio. nL5N46T0JW
** British outsourcing group Serco SRP.L said it would buy the US business of defence technology company QinetiQ QQ.L for $292 million, expanding its presence in the world's biggest defence market. nL3N46T0M0
** Indonesia's oil and gas company Pertamina is in the process of acquiring a new oil field in South America as part of an effort to secure energy supply, deputy chief executive Oki Muraza told members of parliament. nL6N46T0I9
(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)