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News: WOW Deals of the day-Mergers and acquisitions

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    (Adds: AlphaTheta, BBVA, Jindal Stainless, Epos Now, Bancorp, Presight AI Holding)

    May 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1740 GMT on Wednesday:

    ** Artificial intelligence company Presight AI Holding PRESIGHT.AD has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi National Oil Company and G42, under a new ownership structure announced by the companies on Wednesday.

    ** New York Community Bancorp NYCB.N CEO Joseph Otting said the bank will be working over the next few days to finalize a deal to sell $5 billion of its assets.

    ** British tech group Epos Now is exploring strategic options, including the sale of a minority stake in the business, four people familiar with the matter told Reuters.

    ** India's Jindal Stainless JIST.NS said on Wednesday it is investing nearly 54 billion rupees ($646.6 million) for acquisitions and capacity expansion.

    		** Spanish bank BBVA  BBVA.MC  said on Wednesday it had 
    submitted a merger proposal to Sabadell  SABE.MC , valuing its 
    

    smaller rival at about 12 billion euros ($12.8 billion).

    		** British competition regulator said that Japan-based 
    AlphaTheta's proposed deal to acquire New Zealand's Serato could 
    

    see DJs paying more to keep partygoers entertained.

    ** Macquarie Asset Management, part of Macquarie Group (MQG) , has agreed to sell a 10% stake in Britain's East Anglia ONE offshore wind farm to renewable energy asset manager NTR.

    ** Allen & Overy and Shearman & Sterling said that they have completed their long-planned merger, officially launching the largest transatlantic law firm combination in years.

    ** China's Zhaojin Capital has won control of Australia's Tietto Minerals (TIE) after a protracted six months takeover tussle that values the gold producer at A$733 million ($474.62 million), according to a regulatory filing.

    ** Australian retailer Woolworths (WOW) said that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group (EDV) , almost three years after spinning out the liquor store and pub operator.

    ** Brazilian miner Vale VALE3.SA said on Tuesday it concluded the sale of 10% of Vale Base Metals to Manara Minerals for $2.5 billion, according to a securities filing.

    ** PG&E PCG.N said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co's KKR.N unit, as the utility firm seeks funding to improve its energy grid.

 
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