May 7 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** The Italian government and Lufthansa have

submitted new proposals to the European Commission to try to

address EU regulatory concerns over the German airline's

purchase of a stake in Italy's ITA Airways.

** Australia's Perpetual will be broken up, with

its name sold to global investment firm KKR & Co ( KKR ), in a

deal worth over A$1.5 billion ($990 million), the Australian

Financial Review reported.

** RWE, Germany's biggest electricity producer, is

considering options for its minority stake in Amprion, one of

Germany's four high-voltage power transmission networks, the

company said, potentially paving the way for a sale.

** Shares in Spanish bank BBVA rose as much as

1.9% morning after Sabadell rejected what it described

as an unsolicited takeover proposal from BBVA.

]

** The Philippines' largest telecommunications group PLDT

is in talks to sell up to 49% of its data centre

business to Japan's Nippon Telegraph and Telephone ( NPPXF )

, PLDT Chairman Manuel Pangilinan told Reuters.

** Dutch global commodity merchant Louis Dreyfus Company

(LDC) has raised the ante on an international bidding war for

Australia's Namoi Cotton by sweetening its offer price

marginally above that of rival suitor Olam Agri .

** Apple ( AAPL ) cofounder Steve Wozniak's space data

startup, Privateer, has raised $56.5 million and also acquired

the analytics firm Orbital Insight, a merger that will add

mapping and intelligence services to Privateer's space data

offerings, Privateer's CEO told Reuters.

(Compiled by Rajarshi Roy & Priyanka.G in Bengaluru)