Feb 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Tuesday:
** Nippon Steel ( NISTF ) plans to use its current merger
agreement to acquire U.S. Steel as a starting point for
talks with the U.S. government, President Tadashi Imai said, as
it aims to revive the deal.
** Swedish telecoms group Telia Company said it has
agreed to sell its TV & Media business to Norway's Schibsted
Media at an enterprise value of 6.55 billion Swedish crowns
($614.99 million) on a cash and debt-free basis.
** China Evergrande Group's ( EGRNF ) electric vehicle (EV) unit
said it agreed to sell its 20% stake in a Sweden-based real
estate property lessor for 60 million krona ($5.63 million).
** Spanish telecoms company Telefonica has sold its
unit in Argentina for $1.245 billion to Telecom Argentina
as part of its strategy to gradually reduce its
exposure to Latin America, it said on Monday evening.
(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)