Deals of the day-Mergers and acquisitions

(Adds PDVSA, New Mountain Capital LLC, Delphi Automotive Plc,

Nokia, Telia, Glencore Plc, Thyssenkrupp, Scripps Networks

Interactive, Ecoasis)

May 3 (Reuters) - The following bids, mergers, acquisitions

and disposals were reported by 2000 GMT on Wednesday:

** PetroVietnam's joint venture with Venezuela's state-run

oil company PDVSA remains stalled but the Vietnamese company

hopes ongoing talks will lead to reactivation of operations, a

top executive for the company told Reuters.

** Private-equity firm New Mountain Capital LLC is in

advanced talks to buy laboratory equipment supplier VWR Corp

in a deal that could be valued at nearly $5 billion, the

Wall Street Journal reported, citing sources.

** Automotive supplier Delphi Automotive Plc said

it plans to spin off operations tied to internal combustion

engines and focus on technology for electrically powered and

self-driving vehicles, boosting its share price and highlighting

the challenges for legacy auto industry players.

** Finland's Nokia plans to sell its undersea

cables unit, a business that underpins the global Internet, two

union sources and a French government source told Reuters.

** Nordic telecoms firm Telia said it was aiming

to sell part of its stake in Turkey's Turkcell to institutional

investors as part of its strategy to focus on its Nordic and

Baltic operations.

** Mining-trading group Glencore Plc has hired the

Bank of Nova Scotia to sell a portfolio of royalty

assets, including one for the Antamina copper-zinc mine in Peru,

four people familiar with the process have told Reuters.

** Thousands of Thyssenkrupp steelworkers

protested against the German industrial group's plan to merge

its European steel operations with those of India's Tata Steel

.

** Scripps Networks Interactive said it has agreed

to buy online food publication Spoon University, a startup it

hopes will give its flagship cable channel, the Food Network, a

foothold with younger audiences.

** Ecoasis, a Canadian real estate developer, has started a

strategic review of the Bear Mountain resort in British

Columbia, which could lead to a potential sale, people familiar

with the matter told Reuters.

** Twelve parties, including local and foreign banks, have

expressed interest in taking a stake in Kenya's Chase Bank, the

central bank said late on Tuesday.

** Turkey's new sovereign wealth fund has signed a framework

agreement with an Islamic Development Bank (IDB) unit to develop

Islamic mortgages and different types of cooperation with the

bank will be on the agenda, the fund's head said.

** New Zealand's competition regulator blocked the planned

merger of NZME Ltd and Fairfax Media Ltd's New

Zealand unit, saying the deal would have led to unprecedented

local media influence and built the world's most concentrated

newspaper market outside of China.

** Italian investment fund Palladio Holding Group will buy

Slovenian car parts maker Cimos after it pulled out of a similar

deal in February, Slovenian daily newspaper Dnevnik reported.

** The sale process for troubled flagship carrier Alitalia

will kick off in the next 15 days, Italy's Industry Minister

said.

** German copper products group Wieland said on Wednesday it

has taken over the copper and steel tube business of U.S.

company Wolverine Tube Inc, as part of its plans to expand

internationally.

** Chinese conglomerate HNA Group has become

Deutsche Bank's biggest direct shareholder, upping

its stake in the flagship lender of Europe's top economy to just

under 10 percent, according to a U.S. regulatory filing.

** An application has been made to Turkey's competition

authority for Austrian logistics company Austrian Post

to take over a 50 percent stake in Turkey-based Aras Kargo from

other shareholders, the authority said.

** State-owned Saudi Arabian Airlines (Saudia) has started

the sale of its medical services business in Jeddah, valued at

around $500 million, as part of a drive to reduce non-core

assets, sources familiar with the matter said.

** Delek Group said that Israeli businessman

Yonel Cohen will purchase a 130 million shekel ($36 million)

stake in insurer Phoenix Holdings as part of a deal

with China's Yango Group Co.

** Jonah Energy, a natural gas company backed by investors

including private equity firm TPG Capital, has agreed to acquire

oil and gas-producing land in Wyoming from Linn Energy

for around $580 million, the companies said on Tuesday.

** Intact Financial Corp, Canada's largest property

and casualty insurer, said it would buy U.S.-based specialty

insurer OneBeacon Insurance Group Ltd for $1.7 billion,

creating a specialty insurer focused on small- and mid-sized

businesses.

(Compiled by Akankshita Mukhopadhyay and John Benny in

Bengaluru)