June 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 13:00 GMT on Wednesday:
** British subprime lender Non-Standard Finance PLC NSF.L is dropping its hostile 1.3 billion pound ($1.65 billion) bid for rival Provident Financial PLC PFG.L , NSF said.
Real estate developer Group Mach Inc said it offered to acquire Canadian tour operator Transat AT Inc TRZ.TO for C$527.6 million ($392.9 million), topping an earlier offer from Air Canada AC.TO .
Brazil's power sector regulator ANEEL rejected the proposed transfer of wind power complex Alto Sertao III from Renova Energia SA RNEW11.SA to AES Tietê TIET11.SA , a 1.34-billion real ($346.73 million) deal closed in April.
Mexico's biggest retailer, Wal-Mart (NYSE:WMT) de Mexico WALMEX.MX , said that the nation's Federal Competition Commission opposes its parent company Walmart Inc's WMT.N acquisition of grocery delivery platform Cornershop.
Shares in Australian telecoms firm Vocus Group Ltd VOC.AX dropped more than 15%, the most in over two years, after Swedish private equity firm EQT Infrastructure withdrew its A$3.3 billion ($2.31 billion) buyout offer.
Fiat Chrysler FCHA.MI has resolved key differences with France over its proposed merger with Renault RENA.PA , three sources told Reuters, as talks on the $35 billion tie-up plan progressed towards a possible agreement.
Spain's Cellnex CLNX.MC said it had agreed to acquire the marketing and operating rights of 220 BT BT.L high towers in Britain for a period of 20 years, the latest step in its plan to expand in the sector.
Telecom Italia (TIM) TLIT.MI has sold its majority-owned broadcasting unit, Persidera, in a 240 million euros ($270 million) deal, fulfilling a part of the heavily indebted phone company's latest turnaround plan.
German property group DIC Asset DICn.DE has agreed to buy German Estate Group (GEG) for 225 million euros ($253 million) in cash from real estate investor TTL TTOG.DE and private equity firm KKR KKR.N , the companies said.
Japan's Mitsubishi Heavy Industries Ltd 7011.T said it is holding talks to buy Bombardier Inc 's BBDb.TO CRJ program, in a deal that would shake up the market for regional jets with fewer than 100 seats.
Private equity fund Advent has entered exclusive talks to buy Italian chemicals firm Industria Chimica Emiliana (ICE (NYSE:ICE)), two sources familiar with the matter told Reuters.
SOCAR Energoresurs, a joint venture between Russia's largest lender Sberbank SBER.MM and a group of investors, has acquired an 80% stake in Russia's Antipinsky oil refinery, Sberbank said.