Mergers and acquisitions

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

** Nationwide Building Society NBS said it could realise as much as a 1.5 billion pound ($1.91 billion) gain on its acquisition of rival Virgin Money, announced earlier this year and expected to close in the fourth quarter.

** Hargreaves Lansdown HL. has rejected a 4.67 billion pound ($5.94 billion) takeover proposal from a consortium led by CVC Advisers and the Abu Dhabi Investment Authority, after the board of the investment platform said it "substantially" undervalued its prospects.

** German packaging and medical equipment maker Gerresheimer GXI said it signed a purchase agreement for acquiring Blitz LuxCo Sarl, the holding company of the Bormioli Pharma Group, for an enterprise value of 800 million euros ($866.32 million).

** BHP BHP will stand firm on the structure and value of its latest takeover proposal for Anglo American AAL, focusing instead on allaying its target's concerns around execution risks over the coming week, sources said.