Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

** A consortium led by Nordic Capital and Permira has made an around $3 billion offer to buy all shares in Bavarian Nordic <BAVA.CO>, the vaccine maker said.

** UK's Hansa Investment <HAN.L> and Ocean Wilsons Holdings <OCN.L> have agreed to an all-share merger to create a diversified investment firm with more than 900 million pounds ($1.21 billion) in net assets, the companies said.

** MFE-MediaForEurope (MFE) <MFEB.MI>, the TV group controlled by Italy's Berlusconi family, said it had improved its offer for German peer ProSiebenSat.1 <PSMGn.DE>.

** First National Financial <FN.TO> said on Sunday it has reached an agreement to be acquired by private equity firm Birch Hill Equity Partners and asset manager Brookfield Asset Management <BAM.TO> in a deal valuing the company's equity at C$2.9 billion ($2.12 billion).

** U.S. investment firm KKR <KKR.N> is in talks to buy Singapore-based ST Telemedia Global Data Centres in a deal that could value the Asian infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.

** Union Pacific <UNP.N>, the largest U.S. railroad operator, could reach an agreement to acquire rival Norfolk Southern <NSC.N> as soon as early next week, Bloomberg News reported on Friday, citing people familiar with the matter.

** Thai oil and gas giant PTT Exploration and Production (PTTEP) <PTTEP.BK> has acquired full ownership of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) in a $450 million transaction with Chevron <CVX.N> units.