Oct 27 (Reuters) -
* Hermes Investment Management signed up to a consortium vying to buy controlling stake in National Grid's gas distribution division- Sky News
* Bid joined by Hermes comprises of China Investment Corporation, Allianz (DE:ALVG), Dalmore Capital and Amber Infrastructure and Macquarie- Sky News
* Deal could value the business at more than 11 billion pounds including debt- Sky News Source text: