UPDATE 3-Deals of the day -- mergers and acquisitions

Mon Feb 7, 2011 4:00pm EST

** Russia's Sberbank SBER03.MM is among three potential buyers eyeing Austrian lender Oesterreichische Volksbanken AG's (OTVVp.VI) eastern Europe arm VBI, sources close to the matter said. [ID:nLDE7161MU]

** Millennium bcp (BCP.LS), Portugal's biggest listed bank, has looked at a possible sale of its controlling stake in Poland's sixth biggest bank, Bank Millennium BIGW.WA, sources familiar with the plans told Reuters. [ID:nLDE7161FT]

** Private equity tycoon Guy Hands is among potential bidders for Chaucer CHU.L, Sky News reported after the Lloyd's of London insurer said it had received takeover approaches. [ID:nLDE7161ST]

** Private equity firm Blackstone Group (BX.N) has taken a majority stake in San Diego's historic Hotel del Coronado in return for a cash infusion that that will reduce the hotel's debt load by about one-third. [ID:nN07202657] (Compiled by Aditi Sharma and Swetha Gopinath in Bangalore)

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