May 13, 2020 / 10:01 AM / 20 days ago

Deals of the day-Mergers and acquisitions

(Adds Thyssenkrupp, Engie, Fitbit, Mediaset, SoftBank, Refinitiv, Bombardier, Euronext; updates AMS, Petroleos de Venezuela)

May 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Thyssenkrupp is exploring several strategic options for its warship unit, ranging from combining it with Italy's Fincantieri to creating a national champion with German peers, a person familiar with the matter said.

** French utility Engie is considering selling businesses including industrial and nuclear plant maintenance specialist Endel, as it tries to recentre on its most profitable activities, according to two sources familiar with the matter.

** Alphabet Inc-owned Google's planned $2.1 billion buy of fitness trackers company Fitbit may harm consumers and hinder innovation, European consumer group BEUC said, calling it a game-changer deal in the health and digital markets.

** Italian broadcaster Mediaset has built a stake in German rival ProSiebenSat.1 Media as it sees industry consolidation as inevitable but it will retain a flexible stance and may consider other partners, the group's CFO said.

** Japan's SoftBank Group Corp, a shareholder in some of Latin America's largest food delivery companies, expects consolidation in most markets, a senior executive said.

** The London Stock Exchange formally asked the European Union's competition officials to approve its $27 billion takeover of data and analytics company Refinitiv.

** Canada's business jet maker Bombardier said it does not expect the COVID-19 pandemic to delay the sale of its rail division to France's Alstom.

** Pan-European exchange Euronext said it has room to spend over 500 million euros ($541 million) on acquisitions without having to raise equity, and saw "no pause" in the hunt for targets.

** An ad-hoc board of directors to Venezuela's state oil company Petroleos de Venezuela appointed by the opposition said that it was not informed of the company's sale of a 35% stake in Swedish refiner Nynas.

** Shares in AMS fell by 11% following news the sensor maker, best known as a supplier to Apple, was seeking approval for a capital raise.

** Shares in French reinsurer Scor rose after its shareholder Covea dropped a planned $9 billion acquisition, rekindling speculation that Covea may turn its attentions to Scor again.

** EU antitrust regulators have set a new deadline of Aug. 13 for their decision on Ray-Ban maker EssilorLuxottica's 7.2-billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision, a European Commission filing shows.

** Italy's Banca Farmafactoring (BFF) plans to merge with depositary bank DEPObank, which it said it has agreed to buy from a group of private equity firms, lifting the specialised lender's shares.

** Italy's biggest utility Enel said its acquisitions strategy in coming years would be focused on buying distribution businesses and assets to help grow energy e-service unit Enel X.

** Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company's plan to reorganize under bankruptcy protection.

** Cybersecurity company Forescout Technologies may have violated conditions of its sale agreement to private equity firm Advent International Corp when it restructured and drew on its credit line, research firm Spruce Point Capital told the potential buyer on Tuesday.

** The U.S. Justice Department proposed on Tuesday that Novelis Inc divest Aleris Corp's entire North American aluminum auto body sheet operations as a condition of its acquisition.

** Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc GRUB.N in an all-stock deal, according to people familiar with the matter.

** Italy's antitrust watchdog said on Tuesday it has opened an inquiry into Intesa Sanpaolo's proposed takeover of rival UBI Banca to assess the impact of the deal on the industry given its significance. (Compiled by Trisha Roy and Praveen Paramasivam in Bengaluru)

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