((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
The following deals, mergers, acquisitions and divestitures were reported as of 10:30 GMT Tuesday:
** Singapore’s competition watchdog said it had approved the merger between Air India and Vistara, a joint venture between Indian conglomerate Tata Group and Singapore Airlines SIAL.SI , subject to certain conditions.
** U.S. communications equipment company Viavi Solutions Inc VIAV.O agreed to buy British telecommunications testing company Spisent Communications SPT.L for about 1.01 billion pounds ($1.28 billion), announced the two companies.
** Portuguese industrial group Bondalti has launched a takeover offer worth 329 million euros ($357 million) for all shares of Barcelona-based chemical company Ercros ECR.MC, a- he said in a statement to Spanish stock market watchdog CNMV.
** Norsk Hydro NHY.OL ‘s renewable energy unit Hydro Rein has reached an agreement with Swedish renewable energy developer IOWN Energy to buy an 80% stake in a 2.4 gigawatt portfolio of projects wind energy in Sweden and Norway, he said.
** The Canal+ company of the French group Vivendi VIV.PA has raised its offer to purchase all the shares of the South African company MultiChoice MCGJ.J that it does not already hold, the two companies indicated.
** Vitol-backed energy storage company VTTI is set to acquire a majority stake in Italy’s largest liquefied natural gas import terminal from Exxon Mobil QatarEnergy, two sources familiar with the matter said Monday.
** JetBlue Airways JBLU.O and Spirit Airlines SAVE.N called off their $3.8 billion merger deal on Monday, with the low-cost carriers saying there was no path forward after a American judge blocked the deal in January on anti-competition grounds.
** The chief executive of Brazilian development bank BNDES, Aloizio Mercadante, said Monday the company could sell its stakes in other companies if an opportunity presented itself that was a good deal.
** Last month, EU competition regulators temporarily halted their investigation into a 400 million euro ($434.28 million) bid by IAG, owner of British Airways, to buy Air Europa, according to an update from the European Commission published on its website on Monday.
** A senior Nippon Steel 5401.T official told Reuters he is expected to meet with the head of the United Steelworkers (USW) union this month to gain his support for the US Steel XN acquisition, saying he confident that the operation could be finalized by the end of September.
** Macy’s MN shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their buyout offer over the weekend, valuing the U.S. department store operator at $6.58 billion .