(Adds Blackstone (NYSE:BX), Acciona, Kuwait Finance House; Updates Cellnex, Fortum )
Oct 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:
** Buyout group Blackstone BX.N and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said. Spanish renewable energy producer Acciona ANA.MC has increased its bet on the wind turbine industry, launching a bid for Nordex NDXG.DE that values the German turbine maker at more than 1 billion euros ($1.2 billion). Kuwait Finance House (KFH) CEO Mazin al-Nahedh said he expected to get central bank and regulatory approval within one month for KFH's merger with Bahrain's Ahli United Bank. Australian travel and tourist firm SeaLink Travel Group SLK.AX said it will acquire bus operator Transit Systems Group for an enterprise value of A$635 million ($427.48 million), in a move to help the firm tap international markets. Brazilian education provider Kroton SA KROT3.SA is creating a new holding entity that will oversee four different companies focused on higher education as well as primary and secondary schooling, as part of a broad organizational reshuffle. Hong Kong's bourse scrapped its unsolicited $39 billion approach for London Stock Exchange Group (LSE) LSE.L after failing to convince LSE management to back a move that could have transformed both global financial services giants. Martin Sorrell's advertising vehicle S4 Capital SFOR.L said its digital content unit, MediaMonks, would merge with U.S.-based marketing agency Firewood as the company pushes further into a lucrative digital space. German wind turbine maker Nordex NDXG.DE said it had launched a 10% cash capital increase through a private placement to its anchor shareholder Acciona ANA.MC , which was followed by Acciona launching a takeover offer. Cellnex CLNX.MC has agreed to buy the telecoms division of Britain's Arqiva for 2 billion pounds ($2.5 billion), expanding the Spanish company's phone tower network to more than 50,000 sites across Europe. The privatization of France's national lottery company Francaise des Jeux (FDJ) is expected in a "few weeks" and could raise 1 billion euros ($1.1 billion), FDJ head Stephane Pallez told BFM Business TV. Finnish utility Fortum FORTUM.HE is set to gain control of Germany's Uniper UN01.DE by acquiring the stakes of activist funds Elliott ECAL.UL and Knight Vinke, potentially ending a long-running deadlock over ownership of the group. The German government has started preparations to sell state financier Depfa as it seeks to draw a line under the country's largest bailout of the financial crisis a decade ago, people close to the matter said. Martin Sorrell's S4 Capital SFOR.L has bought Silicon Valley's biggest independent agency, Firewood, for $150 million in its latest deal to form a purely digital global advertising firm.