May 24 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** U.S. investment firm KKR is expected to get

unconditional EU antitrust approval to buy Telecom Italia's

(TIM) fixed-line network after agreeing to keep

commercial agreements with TIM rivals, people with direct

knowledge of the matter said.

** Spanish holding company Criteria said it had become the

second-biggest shareholder in ACS after buying a 9.4%

stake in the construction company for 983 million euros ($1.06

billion), as it expands its investments in leading companies in

Spain.

** Italy has approved a decree enabling state broadcaster

RAI to sell a stake in its tower unit RaiWay, as long

as the disposal is compatible with a tie-up of RaiWay with rival

EI Towers, a government source told Reuters.

** Spanish holding company Criteria said it bought a 9.4%

stake in construction company ACS for 983 million euros

($1.06 billion) as part of its strategy to expand investment in

certain leading companies.

** British oilfield services and engineering firm John Wood

Group said it has rejected a third buyout proposal from

Dubai-based company Sidara, as the unsolicited offer continued

to "significantly undervalue" the group.

** State-controlled oil company Saudi Aramco is

interested in buying a minority stake in the renewable unit of

Spanish oil company Repsol , newspaper Expansion

reported, citing unidentified market sources.

** Britain's Coventry Building Society will buy Co-operative

Bank for 780 million pounds ($989.9 million) in cash, the two

companies said in a joint statement.

(Compiled by Rajarshi Roy and Jaiveer Shekhawat in Bengaluru)