Deals of the day-Mergers and acquisitions
July 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
*French supermarket group Auchan will sell 19 stores in its home market to Germany's Lidl as it seeks to improve its financial position and avoid further job cuts, the two businesses said. nL8N3TD19Y
British thread manufacturer Coats Group COA.L said it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. nL4N3TD1CH
Private equity firm Warburg Pincus will acquire a majority stake in Keystone Agency Partners, the insurance broker announced. nL6N3TD0GH
French industrial tech firm Schneider Electric
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Israeli mobile phone operator Pelephone has offered up to 2 billion shekels ($594 million) in cash to buy all of rival HOT Mobile from Patrick Drahi's Altice International, Pelephone's parent company Bezeq Israel Telecom
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