News: NAM Deals of the day-Mergers and acquisitions

May 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global PARA.O , the Wall Street Journal reported.

** Britain's competition watchdog said that Pennon Group's PNN.L acquisition of Sutton and East Surrey (SES) Water could hurt the water regulator's ability to make comparisons between water companies.

** The UK's competition regulator launched an in-depth probe into Lindab's LIAB.ST acquisition of British ventilation company HAS-Vent, after the Swedish firm did not offer any undertaking following the watchdog's initial investigation.

** Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital.

** The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review of Nippon Steel's 5401.T proposed $15 billion takeover of U.S. Steel, the American firm said on Thursday.

** Namoi Cotton's (NAM) second-largest shareholder Louis Dreyfus Company (LDC) said it would not accept an A$136.6 million ($89.84 million) off-market takeover bid from Singapore's Olam Agri Holdings IPO-OLAA.SI for the Australian cotton producer.

** U.S. investment management company Global Infrastructure Partners and Canada's pension fund CPP Investments are nearing a deal to buy clean energy company Allete ALE.N , and a deal could be announced soon, a source familiar with the matter told Reuters.

** U.S. regulators gave the go-ahead on Thursday to Exxon Mobil's XOM.N $60 billion purchase of Pioneer Natural Resources PXD.N , but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.

** Pakistan will push back the deadline for companies to express interest in buying national carrier Pakistan International Airlines PIAa.PSX to May 18, the country's privatisation minister said on Thursday.

** Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom JWN.N private, according to people familiar with the matter.