BHP 1.18% $44.28 bhp group limited

(Adds KKR, Andersons, John Wood, International Distributions...

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    (Adds KKR, Andersons, John Wood, International Distributions Services, Tyfon Culture, and Raiffeisen Bank)

    May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 21:00 GMT on Wednesday:

    ** U.S. investment firm KKR KKR.N will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) TLIT.MI fixed-line access network, a person familiar with the matter said.

    ** U.S.-based grain trader and processor The Andersons ANDE.O said it has been difficult to find the right asset for a potential acquisition as part of its plan to grow ethanol production.

    ** British oilfield services and engineering firm John Wood Group WG.L said it had rejected a raised buyout proposal from Dubai-based company Sidara.

    		** Royal Mail's parent company International Distributions Services 
     IDSI.L  is set to agree a 3.5 billion pound ($4.42 billion) takeover by Daniel 
    

    Kretinsky if the Czech billionaire tables a formal offer, the British firm said.

    ** Chinese art marketplace Tyfon Culture has agreed to list its shares on the Nasdaq through a merger with a special purpose acquisition company that values the combined entity at $434 million, the firms said.

    ** Raiffeisen Bank International RBIV.VI was warned by the U.S. Treasury in writing that its access to the U.S. financial system could be curbed because of its Russia dealings, according to a person who has seen the correspondence.

    		** Entrepreneur and former Los Angeles Dodgers owner Frank McCourt said  
    his organization, Project Liberty, is forming a consortium to buy social media 
    

    platform TikTok in the United States.

    ** Britain's competition regulator referred Japan-based DJ equipment maker AlphaTheta's proposed deal to acquire New Zealand's Serato to a lengthier probe.

    ** A consortium led by Malaysia's sovereign wealth fund and pension fund provider announced a conditional offer to take Malaysia Airports Holdings Berhad (MAHB) MAHB.KL private, in a deal worth about $3.9 billion.

    ** Malaysia's Axiata AXIA.KL and conglomerate Sinar Mas are in talks to merge their telecommunications operations in Indonesia to create an about $3.45 billion entity, the Malaysian firm said, as it seeks to tap into the growing demand in the local telecom sector.

    ** SoftwareOne SWON.S has attracted the interest of potential buyers since a new supervisory board was appointed last month, the Swiss IT service provider said.

    ** Germany's Siemens SIEGn.DE will sell its Innomotics large motors and drives division to financial investor KPS Capital Partners for 3 billion euros ($3.25 billion), business daily Handelsblatt reported, citing financial sources.

    ** Chinese electric vehicle maker Aiways will go public via a merger with U.S. special purpose acquisition company Hudson Acquistion Corp HUDA.O in a deal that should value the company around $400 million, the two companies said.

    ** BHP Group's (BHP) options for its pursuit of rival miner Anglo American AAL.L include sweetening its $42.7 billion buyout offer, making a hostile bid or walking away for now as it approaches a May 22 deadline to lodge a binding offer.

    ** Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk NOVOb.CO , said it would buy a controlling stake of about 60% in Single Use Support, an Austria-based life science tools company.

 
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$44.28
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