News: CBA Deals of the day-Mergers and acquisitions

(Adds: SoftBank, National Bank of Greece, IDBI Bank, Advent International, Eastern Co Updates: Leonardo, Sime Darby Bhd)

Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday:

		** Italy's Leonardo  LDOF.MI  is trimming its stake in 
U.S. unit DRS  DRS.O  as new CEO Roberto Cingolani looks to 

expand the state-controlled group with major roles in European defence projects.

		** SoftBank  9984.T  is likely to sell a stake worth 
$150 million in Indian logistics firm Delhivery  DELH.NS , 

Moneycontrol reported, citing sources.

		** The sale of a 22% stake in National Bank of Greece 
(NBG) held by the country's HFSF bank bailout fund was 

oversubscribed by about seven times by 1230 GMT , a source involved in the process told Reuters.

		** The Indian government does not expect to conclude the 
sale of IDBI Bank  IDBI.NS  by the end of the financial year on 

March 31, 2024, a top finance ministry official told reporters.

		** Advent International has signed a deal to buy 
payments firm myPOS as part of the London-based buyout group's 

latest push into digital payments, director Fabio Cali told Reuters.

		** Egypt has sold a stake in tobacco products maker 
Eastern Co  EAST.CA  in its first foreign sale of a major state 

asset since it agreed to a privatisation programme with the IMF last December.

		** Sime Darby Bhd  SIME.KL  has won its shareholders' 
approval to acquire automotive-to-manufacturing company UMW 

Holdings Bhd UMWS.KL , the Malaysian conglomerate said in a statement.

** Britain's Hotel Chocolat HOTC.L agreed to a 534 million pound ($662 million) takeover offer from Mars Inc, as the specialist chocolatier succumbs to the U.S. food giant to help it grow internationally, netting its founders a tidy profit.

** Shareholders in Japan's Asahi Group Holdings 2502.T will sell some $1.3 billion worth of stock in the brewer to overseas investors, the company said, in the latest unwinding of cross-shareholdings among big Japanese firms.

** A reverse takeover deal involving Amigo Holdings AMGO.L , Craven House Capital and various individuals signed last month has been terminated, the British subprime lender said as it faces voluntary liquidation.

** Norwegian telecoms operator Telenor TEL.OL said it has agreed to sell its subsidiary Telenor Satellite to government-owned Space Norway for 2.36 billion Norwegian crowns ($217.37 million).

** Commonwealth Bank of Australia (CBA) (CBA) said it will sell its 99% stake in Indonesian unit PT Bank Commonwealth (PTBC) to Singapore's OCBC OCBC.SI , exiting a non-core business after more than two decades.

** Hong Kong-based Oasis Management could go to court to seek a higher price for trading house Itochu's 8001.T $2.7 billion acquisition of a subsidiary through a so-called appraisal process, the founder of the activist fund said Thursday.

** Australia's Pacific Current Group (PAC) has ended buyout talks with GQG Partners (GQG) and River Capital, saying it did not receive any binding offers from the suitors.

** Karoon Energy (KAR) announced deals worth $720 million to buy stakes in certain offshore oil and gas fields in the Gulf of Mexico from U.S.-based LLOG Exploration, in a move to diversify operations beyond Brazil and Australia.

** EQS Group AG EQSn.DE said on Wednesday it is in advanced talks with U.S. private equity firm Thoma Bravo regarding a takeover of the Frankfurt-listed company.

** Photoshop maker Adobe ADBE.O expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns, its chief counsel told Reuters on Wednesday.

** Canadian businessman Pierre Lassonde on Wednesday said he is "mystified" by Teck Resources' TECKb.TO decision to sell its coal unit to a Glencore-led GLEN.L consortium for $9 billion because his group had bid the same price.