March 22 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** EU antitrust regulators have resumed their investigation

into British Airways owner IAG's 400-million-euro

($432.7 million)) bid to buy out Air Europa, according to an

update on the European Commission website.

** A planned merger between Vodafone's ( VOD ) UK operation

and Hutchison's Three UK unit could face a 24-week

in-depth investigation after Britain's antitrust regulator said

the tie-up risked leaving consumers worse off.

** Italy's second-largest bank UniCredit sold its

4.99% stake in construction group WeBuild at 2.20 euros

per share through an accelerated book-building procedure, a

source close to the deal said.

** Telkom, South Africa's third-biggest telecom

company, said it had entered into an agreement to sell its masts

and towers business, Swiftnet, for 6.75 billion rand ($357

million).

** Chinese offshore oil and gas major CNOOC,

said it had filed an arbitration claim to establish

a right over Hess' stake in the giant Guyana oilfield

Stabroek in the event of the U.S. firm's sale to Chevron ( CVX )

.

** Australian coal trader M Resources and Singapore's GEAR

plan a funding round after their $1.65-billion purchase of

South32's ( SHTLF ) Illawarra metallurgical coal operations, a

source familiar with the matter said.

** Brazilian oil and gas company Enauta said on

Thursday that it has signed a contract to sell 20% of its stake

in the concession to the BS-4 block, which includes the Atlanta

and Oliva oil fields, to affiliated companies of Westlawn

Americas Offshore (WAO) for $301.7 million.

** Microsoft ( MSFT ) has agreed to pay AI startup

Inflection about $650 million in cash in an unusual deal that

would allow Microsoft ( MSFT ) to use Inflection's models and hire most

of the startup's staff including its co-founders, a person

familiar with the matter told Reuters on Thursday.

(Compiled by Rajarshi Roy in Bengaluru)