News: APM Deals of the day-Mergers and acquisitions

(Adds: TransDigm, Kuwait Finance House, Ageas, Reliance Industries, SCB X, A Updates: Swisscom)

Feb 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT, on Wednesday:

		** Britain approved TransDigm's  TDG.N  acquisition of 
U.S.-based Communications & Power Industries (CPI), subject to 

the condition that CPI's UK research and manufacturing capabilities in relation to atomic clocks remain in the country.

		**  India's top conglomerate Reliance Industries 
 RELI.NS  and Walt Disney  DIS.N  announced the merger of their 

India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation.

		** Kuwait Finance House (KFH) completed a merger with 
Ahli United Bank of Kuwait (AUB), Kuwait's state news agency 

reported .

		** Belgium-based insurer Ageas  AGES.BR  proposed to buy 
Direct Line Insurance  DLGD.L  for about 3.1 billion pounds 

($3.92 billion) , in a bid to expand its UK business, sending shares in the British motor insurer up 28%.

		** SCB X  SCB.BK , Thailand's fourth-largest bank by 
assets, will acquire consumer finance firm Home Credit Vietnam 

for 31 billion baht ($860 million), it said , the latest Thai lender to expand in Southeast Asia.

		** Swisscom  SCMN.S  said  it was in exclusive talks to 
buy all of Vodafone Italia for 8 billion euros ($8.7 billion) to 

merge the business with its Italian subsidiary Fastweb.

** Japanese retailer Aeon 8267.T and drugstore chains Tsuruha 3391.T and Welcia 3141.T said they will merge their businesses by 2027 to form Japan's largest pharmacy.

** China's state-owned Chongqing Changan Automobile Co Ltd 000625.SZ is in talks to take over struggling Chinese electric vehicle maker Human Horizons, financial news outlet Yicai reported, citing Changan Chairman Zhu Huarong.

** China's CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer Mobile World MWG.HM in a deal that could value the grocery chain at up to $1.7 billion, two sources with direct knowledge said.

** Shares of employment services firm APM Human Services International (APM) surged after private equity firm CVC Asia Pacific improved its buyout bid, valuing the company at A$1.83 billion ($1.20 billion).

** Kroger KR.N and Albertsons ACI.N have turned to seasoned Washington, D.C., antitrust lawyers to battle the U.S. Federal Trade Commission's new lawsuit seeking to block the supermarket giants' planned $25 billion merger.

** Hess HES.N said on Tuesday that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron CVX.N and it remains "fully committed" to the deal.