Deals of the day-Mergers and acquisitions
Adds Telecom Italia, Snam, Vivendi, SATA, Schroders Plc, Lordstown Motors; Updates BPER Banca, Booking Holdings
June 9 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1945 GMTon Friday:
** U.S. fund KKR KKR.N and a rival consortium comprising state lender CDP and Australian fund Macquarie MQG.AX submitted bids for Telecom Italia's (TIM) TLIT.MI network, Italy's biggest telecoms company said. nL1N38123K
** Italian gas grid operator Snam SRG.MI has picked Rothschild & Co. and Societe Generale to advise on a potential purchase of Edison's EDNn.MI gas storage assets, two sources close to the matter said. nL8N38130G
** Vivendi VIV.PA, the French media conglomerate controlled by billionaire Vincent Bollore, won conditional EU antitrust approval for its acquisition of France's largest publisher Lagardere LAGA.PA. nL8N3813SU
** The privatisation of a controlling stake in SATA Internacional is attracting interest from European airlines and private equity funds, increasing the chances of a successful sale, the small Azorean carrier's new CEO, Teresa Goncalves, said. nW1N37L00B
** The European Union's antitrust regulators warned that Booking Holdings' BKNG.O planned acquisition of Sweden-based rival ETraveli may strengthen the U.S. company's position in the market for hotel online travel agencies, and push up costs for hotels. nL1N3811DA
** Italy's BPER Banca EMII.MI and its main shareholder on Friday denied any interest in a merger with Banca Monte dei Paschi (MPS) BMPS.MI, joining peers that have distanced themselves from the state-owned bank, which is seeking a partner. nL8N3811OM
** Schroders Plc and Canada Life moved to cut back their dealings with the asset management businesses with links to Crispen Odey citing allegations of misconduct by the financier published by the Financial Times and Tortoise Media a day earlier. nL8N38128B
** Lordstown Motors RIDE.O said it plans to take legal action against investor Foxconn 2317.TW to ensure that the Taiwanese contract manufacturer completes a planned purchase of nearly 10% of the electric vehicle startup's shares. nL4N3812AT
** Real estate investment company Kennedy Wilson KW.N said it has acquired the first tranche of loans from Pacific Western Bank PACW.O for $1.6 billion as part of a previously announced deal. nL4N38127Y
** UK's Alfa Financial Software ALFAAL.L said it had received a number of unsolicited buyout proposals from investment firm EQT, with the latest offer at 208 pence in cash, valuing the company at 614.6 million pounds ($772.86 million). nL4N3812XP
** Canada's Brookfield Asset Management BAM.TO said it would buy payments provider Network International NETW.L for 2.2 billion pounds ($2.76 billion) in cash, as it expands its payments business in the Middle East and Africa. nL4N3811BX
** Italy's biggest gas distributor Italgas IG.MI signed a deal worth more than 100 million euros ($107.64 million) with Veolia VIE.PA to buy the French utility's stakes in companies running water services in Lazio, Campania and Sicily, the two companies said. nL8N38117Y
** Australian real estate firm Dexus DXS.AX said it is selling one of its premium office buildings in Sydney's central business district for A$393.1 million ($263.7 million) at a near 17% discount to an independent valuation made in December. nL4N3811AA
** A small group of shareholders in Colt CZ Group CZG.PR sold 1.74% of the Czech gunmaker in an accelerated bookbuilding process at 555 crowns ($25.29) per share, the company said in a stock market filing. nL1N3810KN
** The Auckland Council voted to sell 7% of its 18.09% stake in Auckland Airport AIA.NZ, New Zealand's biggest, as part of a plan to reduce the local government body's debt. nL1N38107T
** ASX-listed Limeade LME.AX said it will be acquired by WebMD in an all-cash deal with an enterprise value of A$112 million ($75.21 million). nL4N3804HT
** Asset manager Energy Income Partners LLC, one of the top shareholders in Magellan Midstream Partners MMP.N, said on Thursday that it intends to vote against pipeline operator ONEOK Inc's OKE.N deal to buy Magellan. nL4N38044I
(Compiled by Rajarshi Roy and Anne Florentyna Gnanaraja Sekar in Bengaluru)
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