Deals of the day -- mergers and acquisitions

Oct 15 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Thursday. (For Reuters columns on deals, click [DEALTALK/])

** Tandberg TAA.OL stockholders with almost a quarter of the Norwegian videoconferencing firm's shares snubbed a $3 billion bid from network equipment maker Cisco Systems Inc (CSCO.O) but said they would consider a higher offer.

To read more, double click on [ID:nLF527811]

** Singapore's third-biggest bank OCBC (OCBC.SI) announced its arrival as a serious wealth player after clinching a surprise deal to buy Dutch ING's (ING.AS) private banking unit in Asia for $1.5 billion.[ID:nSIN503877]

** Anheuser-Busch InBev (ABI.BR), has agreed to sell breweries in nine eastern European countries to CVC Capital Partners for an initial $2.23 billion, passing its target for divestments since its merger a year ago. [ID:nLF123750]

** German industrial conglomerate Siemens (SIEGn.DE) agreed to buy Israel's Solel Solar Systems Ltd for about $418 million to expand its business with solar thermal power plants. [ID:nLF293170]

** Belgium's RHJ International (RHJI.BR) is to buy UK wealth management unit Kleinwort Benson from Commerzbank (CBKG.DE) for 225 million pounds ($359.5 million), the latest in a flurry of private banking sales. [ID:nLF513773]

** Finnish mining technology firm Outotec Oyj (OTE1V.HE) launched a 93 million euro ($139 million) takeover bid for Finnish industrial filter maker Larox LARBS.HE to bolster its product portfolio. [ID:nLF512216]

** Rio Tinto (RIO.AX) and BHP Billiton (BHP.AX)(BLT.L), Australia's top two iron ore miners, have scrapped a plan to co-market some iron ore from a proposed Australia joint venture that has drawn criticism as being anti-competitive.[ID:nSYD270273]

** Sirius Exploration (SXX.L), a diversified mining and exploration holding company, said it agreed to buy privately held Adavale Holdings Pty Ltd in a share deal worth 19.5 million pounds ($31.2 million). [ID:nLF523060]

** San Leon Energy (SLEN.L) said it made a 13.6 million pound ($21.7 million) offer for Island Oil & Gas IOG.L, to build a strong Irish-based oil and gas exploration and development business.[ID:nLF530889]

** Lloyds Banking Group (LLOY.L) is in talks to sell assets, principally its Bank of Scotland portfolio management service, to British wealth manager Rathbone Brothers (RAT.L), as it seeks to cut reliance on government aid. [ID:nLF473577]

** Mining group Xstrata Plc (XTA.L) gave up pursuit of rival Anglo American (AAL.L) on Thursday due to "value" issues after many Anglo shareholders rejected its merger of equals proposal and demanded a premium. [ID:nLF510655]

** Swiss drugs industry supplier Lonza (LONN.VX) and Canadian drugmaker Patheon (PTI.TO) have again extended an exclusivity and due diligence period for the Swiss group's takeover bid, the companies said. [ID:nLF502969] (Compiled by Amit Kumar in Bangalore)