Deals of the day-Mergers and acquisitions

© Reuters.

(Adss Nestle SA, Uber Technologies, Mediobanca , Petroleo Brasileiro SA, Downing Renewables, Kraft Heinz (NASDAQ:KHC), Cresta Fund)

Feb 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Ladbrokes (LON:LCL) owner Entain ENT.L confirmed it had offered to buy Australian betting firm Tabcorp Holdings' TAH.AX struggling wagering and media business, as the UK gambling company looks to expand in the country. British power producer SSE Plc SSE.L said it has appointed banks to explore options for the sale of all or some of its stake in Scotia Gas Networks (SGN). French water and waste management giant Veolia VIE.PA reaffirmed its 29.9% stake in rival Suez SEVI.PA was not for sale, saying it was committed to its merger plan for the two companies. Finnish financial group Sampo SAMPO.HE should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea NDAFI.HE this year and focus on its insurance operations, Elliott Advisors said. French IT consulting group Atos SE ATOS.PA and U.S. rival DXC Technology Co DXC.N said they have decided to discontinue talks about a potential acquisition. Shale investor Dan Wilks reported a 5.13% active stake in NexTier Oilfield Solutions NEX.N , saying the shares of the U.S. provider of hydraulic fracturing services are "undervalued" and that he may push for a sale or other alternatives. Brazilian energy firm Eneva SA ENEV3.SA has entered into direct talks with state-run oil firm Petrobras to purchase a complex of oil and gas fields in the Amazon (NASDAQ:AMZN) rainforest known as the Urucu cluster, the companies said in separate securities filings. China Strategic Holdings Ltd . 0235.HK said it has submitted an offer and is among the final bidders for the life insurance business of Hong Kong's Bank of East Asia (BEA). Inter Milan's Chinese owner will look for other investors in the loss-making Italian Serie A team after exclusive talks with private equity firm BC Partners ended without a deal, two people familiar with the matter said. The Dutch government said that talks on Germany taking an equity stake in grid company TenneT have stalled over the question of which would control the company's German subsidiary. Uber Technologies Inc UBER.N will buy on-demand alcohol platform Drizly for about $1.1 billion in a largely stock-based deal as the company looks to expand delivery services that have flourished during the pandemic. Mediobanca MDBI.MI has expanded its wealth management division with the acquisition of London-based distressed credit specialist Bybrook Capital via its local business Cairn Capital. Nestle SA NESN.S has entered into exclusive talks to sell its North American bottled water business, whose brands include Pure Life and Poland Spring, to private equity firm One Rock Capital Partners LLC, people familiar with the matter said. The consortium bidding to take copper miner KAZ Minerals KAZ.L private is expected to increase its offer by around 10-15% but is unlikely to get minority shareholders on board, sources close to the matter said. An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries RELI.NS after Amazon raised objections to the $3.4 billion deal, in a battle of the retail titans that could reshape the shopping sector. Brazil's state-controlled oil producer Petroleo Brasileiro SA PETR4.SA is considering selling its remaining stake in gas station chain BR Distribuidora BRDT3.SA if its stock recovers to 26 reais a share, three people with knowledge of the information said. Downing Renewables & Infrastructure Trust DORE.L on Tuesday said it has completed the acquisition of eight hydropower plants in Sweden from Fortum Sweden FORTUM.HE for about 65 million euros ($78 million). Private equity firm Cresta Fund Management has offered to buy a majority stake in North Atlantic Refining, owner of the idled Canadian Come-by-Chance refinery, according to a letter reviewed by Reuters. Kraft Heinz Co KHC.N is in talks to sell its Planters snack business to Skippy peanut butter maker Hormel Foods Corp (NYSE:HRL) HRL.N for about $3 billion, the Wall Street Journal reported, citing people familiar with the matter.