News: ORA Deals of the day-Mergers and acquisitions

Sept 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** India's Torrent Pharmaceuticals TORP.NS said it has no information requiring disclosure under listing regulations, after the Economic Times reported that it was in talks to buyout the stake of rival Cipla's CIPL.NS top shareholders.

** Australian packaging firm Orora Ltd (ORA) said it is not in a position to announce a deal for the acquisition of French high-end glass bottles manufacturer Saverglass SAS.

** Australia's Santos Ltd (STO) finalised the initial sale of a 2.6% stake in its PNG liquefied natural gas (LNG) project to Papua New Guinea state-owned Kumul Petroleum for $736 million.

** Switzerland's takeover board has ruled that a partial offer for up to 28 million shares of GAM Holding GAMH.S by an investor group comprising NewGAMe SA and Bruellan SA is in line with Swiss takeover rules, NewGAMe said on Thursday.

** The Auckland Council said it has entered into a block trade agreement with UBS New Zealand to sell just over 66 million shares in Auckland International Airport (AIA) for NZ$535.03 million ($319.04 million).