Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** German energy firm Techem will remain in the hands of investor Partners Group <PGHN.S> after its sale to U.S. financial investor TPG <TPG.O> fell through in May, the Swiss private equity firm said, confirming an earlier report.

** Australia's Abacus Storage King <ASK.AX> said it received a sweetened takeover offer from a consortium comprising a South African billionaire, valuing the firm at A$2.17 billion ($1.42 billion) and sending its shares soaring over 7%.

** India's VIP Industries <VIPI.NS> on Sunday announced that Chairman Dilip Piramal and his family have entered an agreement with the Multiples Consortium to sell a stake of up to 32% in the company.