Deals of the day-Mergers and acquisitions

April 28 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1000 GMT on Friday:

** One of Britain's biggest pension scheme investors has

called on Dutch paintmaker Akzo Nobel to engage with

U.S. suitor PPG Industries over a revised bid and

criticised the board's handling of the issue.

** A consortium led by private equity firms Hillhouse

Capital Group and CDH Investments offered to buy Belle

International Holdings Ltd in a deal valuing the

entire Hong Kong-listed shoe retailer at about $6.8 billion.

** The Delhi High Court has approved a settlement of the

$1.18 billion dispute between Tata Sons and NTT

DoCoMo, allowing the Indian firm to buy out the

Japanese firm's stake in the telecoms joint venture, TV news

channels reported.

** Anglo-South African financial services group Old Mutual

is selling its 26 percent stake in an Indian insurance

joint venture Kotak Mahindra Bank for 156 million

pounds ($201.75 million), as part of the group's planned

break-up into four parts.

** Bayer's chief executive acknowledged that he

will face an uphill battle to improve Monsanto's

reputation once Bayer completes the takeover of the U.S. seeds

and agrochemicals company.

** A leading advisor to pension schemes and other investors

called for a review of Germany's rules around takeovers, in

light of a planned takeover of U.S. agrochemicals company

Monsanto by Bayer .

** Zodiac Aerospace's chief executive has offered

to resign after another profit warning from the French company,

which said it continued to discuss a merger with Safran

to end a crisis in its aircraft seats plants.

** Hedge fund TCI Fund Management renewed pressure on

France's Safran to suspend its bid to buy Zodiac

Aerospace after the aircraft seats maker issued a

second profit warning in as many months.

** The world's biggest container shipping company, Maersk

Line, will pay 3.7 billion euros ($4.02 billion) for its

acquisition of smaller German rival Hamburg Sud, it said.

** A group backed by KKR & Co said it would not

undertake further work on a takeover offer for Australia's Tatts

Group Ltd after its A$6.15 billion ($4.60 billion) cash

bid was rejected by the lottery operator's board.

** Private equity firm Apollo Global Management LLC

is in advanced negotiations to acquire U.S. telephone

conferencing services provider West Corp, people

familiar with the matter said on Thursday.

** China Shengmu Organic Milk Ltd said that a deal

to sell a controlling stake to Inner Mongolia Yili Industrial

Group Co Ltd was scrapped after it failed to get

regulatory approval from Chinese authorities before a deadline

last week.

** Mexican breadmaker Grupo Bimbo said on Thursday it has

entered the African market with the purchase of Adghal, a

Morocco-based producer of baked goods.

** The Federal Trade Commission gave a private equity firm

approval on Thursday to sell to Dollar General Corp 323

stores that Sycamore purchased as part of a divestiture package

two years ago, the agency said on Thursday.

** Suncor Energy Inc, Canada's largest energy

producer, is still evaluating opportunities for oil sands

acquisitions in northern Alberta as foreign oil majors exit the

high-cost region, Chief Executive Steve Williams said on


** Italy's Atlantia has agreed to sell 10 percent

of its domestic motorway unit to a series of investors including

Allianz for 1.48 billion euros ($1.6 billion) as it

presses ahead with plans to bid for Spanish rival Abertis.

(Compiled by Tamara Mathias in Bengaluru)