(Adds Thyssenkrupp, TJX, Novartis, York Capital, PSA)
Nov 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Tuesday:
** Finland’s Kone has proposed paying a multi-billion euro break-up fee to Thyssenkrupp in an effort to improve its chances in an auction for the German conglomerate’s elevator business, three people familiar with the matter said.
** U.S. discount store operator TJX Companies Inc has acquired a 25% stake in Russian low-cost apparel retailer Familia for $225 million, the Russian company said in a statement.
** Novartis is considering an offer for U.S. biotechnology firm The Medicines Co, Bloomberg reported, a deal that could broaden the Swiss drugmaker’s cabinet of heart medicines and shore up growth threatened by patent expirations.
** U.S. hedge fund York Capital is leading a trio of firms that is considering buying a minority stake in Turkish generic drug maker Sanovel, according to three people with knowledge of the talks that could lead to a deal.
** The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler, PSA executives and union representatives said.
** Shares in Germany’s TLG Immobilien rose 1.9% in early trading after the firm said it would merge with Aroundtown SA in an all-share deal to create a commercial real estate company with 25 billion euros ($27.68 billion) in assets.
** The British Government has indicated it is likely to allow Advent’s $5 billion purchase of defence company Cobham after the U.S. private equity group offered a number of commitments to address national security concerns.
** Baring Private Equity Asia has agreed to acquire Lumenis from London-based investment firm XIO Group in a deal that values the Israeli medical device maker at more than $1 billion.
** Russian internet company Mail.Ru and state lender Sberbank have finalised the terms of a joint food and taxi platform and plan to invest 64.6 billion roubles ($1 billion) in the business, Mail.Ru said.
** NZME Ltd, the owner of New Zealand’s top-selling newspaper, said it was in talks with Nine Entertainment Co Holdings to buy rival news firm Stuff and has made a proposal to New Zealand’s government about a possible transaction.
** KKR & Co. has tapped Hong Kong’s CK Infrastructure Holdings Ltd and buyout groups including Blackstone and Sweden’s EQT AB to gauge buying interest for Singapore-based Goodpack, an intermediate bulk container maker, multiple sources with knowledge of the matter said.
** Italy’s UBI Banca expects to present a new bancassurance partnership in the three-year business plan it will present in the first quarter of next year, the bank’s chief executive Victor Massiah told Il Sole 24 Ore.
** Israeli real estate investment firm Gazit Globe said it was establishing a joint venture with its Toronto-based director Dori Segal to buy and manage mixed-use properties in Canada, particularly in Toronto. (Compiled by Arunima Kumar in Bengaluru)