Sept 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:
** Caesars CZR.O is in advanced takeover talks with William Hill WMH.L that value the British bookmaker at 2.9 billion pounds ($3.7 billion) and would give the casino operator full control of a quickly expanding U.S. sports-betting and online business. Cleveland-Cliffs Inc CLF.N , the largest U.S. producer of iron ore pellets, has agreed to buy the U.S. assets of the world's largest steelmaker ArcelorMittal SA MT.LU for about $1.4 billion in cash and shares. French utility group Veolia VIE.PA said it would improve its 2.9 billion euro ($3.37 billion) offer to buy the bulk of Engie's ENGIE.PA stake in smaller rival Suez SEVI.PA by Sept. 30. British insurer LV= said it is in ongoing talks with a number of parties regarding a potential sale of the business. Investment company Stena Adactum and private equity firm Altor launched a recommended cash bid for Gunnebo GUNN.ST , valuing the security products maker at around 2.4 billion Swedish crowns ($263 million). Philippine oil and shipping group Udenna Corp expressed interest in acquiring Royal Dutch Shell Plc's RDSa.L 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC). Siemens SIEGn.DE does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy ENR1n.DE , a source close to the company said. Ping An Insurance Group Co of China Ltd 601318.SS , 2318.HK , the biggest shareholder in HSBC Holdings Plc HSBA.L , 0005.HK , has bought additional shares in the British bank to take its stake to 8%. U.S. shale producer Devon Energy Corp (NYSE:DVN) DVN.N is in talks to acquire rival WPX Energy Inc WPX.N in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday. Danish ingredients maker Chr Hansen Holding A/S CHRH.CO said on Saturday it would sell its food colouring business to Swedish private equity firm EQT EQTAB.ST for 800 million euros ($930.40 million).