News: GNX Deals of the day-Mergers and acquisitions

(Adds: JetBlue Airways, JCET Group, Vista Outdoor, TC Energy, United Rentals Updates: Piraeus Bank, Macy's)

March 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1530 GMT on Monday:

		** Low-cost air carriers JetBlue Airways  JBLU.O  and 
Spirit Airlines  SAVE.N  canceled their $3.8 billion merger 

agreement, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns.

		** Chinese chip assembly and testing firm JCET Group 
 600584.SS  said it plans to buy an 80% stake in a Shanghai 

flash memory facility owned by Western Digital Corporation WDC.O for about $624 million in cash.

		** The sale of a 27% stake in Piraeus Bank by Greece's 
bank bailout fund (HFSF), worth about 1.3 billion euros ($1.41 

billion), was oversubscribed by more than three times, sources close to the process told Reuters.

		** Vista Outdoor  VSTO.N  said it had rejected a $2.9 
billion takeover offer from investment firm MNC Capital as the 

bid "significantly undervalued" the sporting and outdoor products maker.

		** TC Energy  TRP.TO  has agreed to sell Portland 
Natural Gas Transmission System (PNGTS) to BlackRock  BLK.N  for 

$1.14 billion as part of its ongoing efforts to reduce debt and fund investments.

		** Industrial equipment and tool-rental firm United 
Rentals  URI.N  said it had agreed to buy construction company 

Yak Access for about $1.1 billion in cash from Platinum Equity, as it expands its portfolio to include matting.

		** Macy's  M.N  shares jumped 16% before the bell after 
investors Arkhouse Management and Brigade Capital sweetened 

their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion.

** British insurer Aviva AV.L said it will re-enter the historic Lloyd's insurance market with a 242 million pound ($307 million) acquisition of insurance platform Probitas.

** Vivendi's VIV.PA French media company Canal+ will publish a firm intention to buy shares of South African pay-TV company MultiChoice MCGJ.J that it does not already own by no later than April 8, it said.

** German chemicals group Evonik Industries EVKn.DE said it is selling its superabsorbents business to the International Chemical Investors Group (ICIG) for a price in the low triple-digit million-euro range.

** Bayer BAYGn.DE said it acquired the exclusive marketing rights for Europe for a new drug that is under regulatory review to treat a rare, potentially fatal heart disease for up to $310 million upfront.

** The founding shareholders of SoftwareOne SWON.S have scrapped their agreement with U.S. investor Bain Capital to buy the Swiss IT services company, they said.

** Japan's Electric Power Development (J-Power) 9513.T lodged a A$380.9 million ($248.7 million) bid for Australian renewable energy firm Genex Power (GNX) , as Japan's appetite for overseas acquisitions rapidly grows.