Deals of the day -- mergers and acquisitions

Sept 2 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Tuesday.

** State-owned Korea Development Bank (KDB) confirmed that it was in talks with Lehman Brothers for a possible investment in the troubled U.S. bank, but other reports said the price of the deal remained an issue. To read more, please double click on
** The world's third biggest platinum producer Lonmin said a merger with Xstrata (XTA.L: Quote, Profile, Research, Stock Buzz) would lead to major synergy benefits and the firm would like to hold talks with its hostile suitor if a formal bid is made at a higher level.

** French utility group GDF Suez said it would buy U.S. electricity provider FirstLight Power Enterprises. GDF gave no financial details in a statement, but according to industry sources quoted by Le Figaro newspaper the deal would be worth 1.3 billion euros . (Compiled by Tina Kwan in Singapore, Aftab Ahmed in Bangalore)