Deals of the day-Mergers and acquisitions

(Adds Indus Holdings, Enel, Adrian, illycaffe)

Feb 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** AMP Ltd said on Friday U.S.-based Ares Management will buy 60% of the private markets businesses of the Australian company's asset management arm AMP Capital for A$1.35 billion ($1.06 billion).

** Pot producer Indus Holdings Inc said it bought California-based rival Lowell Herb Co for $39 million, adding a brand backed by Miley Cyrus and Chris Rock to its offering of products.

** Italy's Enel has agreed to set up a joint venture with India's Sterling and Wilson to enter the Indian e-mobility market, the head of the utility's innovative services unit said.

** Buyout group Ardian said that it is buying a majority stake in German bio-analytical laboratory services provider GBA Group, with management and Quadriga Capital retaining stakes.

** Premium coffee maker illycaffe said it completed the sale of a 20% stake to U.S. private equity firm Rhone Capital, adding that future expansion could also entail an initial public offering.

** Merck & Co Inc said it would buy drug developer Pandion Therapeutics Inc for about $1.85 billion in cash, expanding its portfolio of drugs that target autoimmune diseases.

** Japan's biggest oil refiner Eneos Holdings (JXHGF) said it had raised its stake in Vietnam National Petroleum Group (Petrolimex) to 9% from 8% earlier, as the companies plan to expand the scope of their potential ties into liquefied natural gas and clean energy.

** French water and waste management firm Veolia, which is locked in a battle to acquire rival Suez, said it aims to return to its pre-pandemic level of sales this year after a fourth-quarter rebound.

** China's Geely Automobile (GELYF) and its Swedish sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles, the companies said.

** EDF has struck deals to buy stakes in Econet Energy Kenya and Bboxx Kenya, it said, as the French state-controlled power firm looks to boost its presence in Africa and in renewable energy.

** Malaysian telecoms firm Axiata Group said it has shelved plans to sell a stake in its telecommunications tower business due to uncertain market conditions.

** Sky's concerns about a planned merger between British mobile operator O2 and Virgin Media have been addressed, the chief executive of Telefonica UK's O2 unit said, clearing one objection to the $38 billion deal expected to close mid-year.

** Chinese retailer said shareholders plan to sell 20% to 25% of the company to unnamed buyers which might lead to a change in control as its parent seeks to raise cash.

** Brazil's largest gas station chain, BR Distribuidora , has signed a binding agreement with retailer Lojas Americanas SA for an association at convenience stores, the companies said in filings.

** Uzbekistan's state-owned UzAssets company issued requests for proposals as it seeks privatisation consultants to advise on the sale of stakes in more than a dozen companies in various sectors. (Compiled by Mrinalika Roy and Sahil Shaw in Bengaluru)

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