Deals of the day-Mergers and acquisitions

Adds: KKR, JetBlue Airways, Siemens

Feb 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

U.S. private equity group KKR KKR.N has offered nearly 4 billion pounds ($5 billion) to Britain's Thames Water for a majority stake in the utility, Bloomberg News, citing people familiar with the matter. nL3N3PA0ZC

JetBlue Airways JBLU.O said that it is still in talks with multiple airlines to establish a partnership and is willing to allocate more funds to get a deal done. nL2N3PA0GP

German engineering company Siemens SIEGn.DE is selling a 2% stake in healthcare subsidiary Siemens Healthineers SHLG.DE, raising roughly 1.2 billion euros ($1.25 billion) that could help pay for its acquisition of U.S. software firm Altair Engineering. nL2N3PA0O5

Private equity-backed broker consolidator PIB Group has continued to expand its Italian footprint with the acquisition of Elleti Broker SpA. nL6N3PA0IJ

Howden has bolstered its UK aviation division with the acquisition of Forbes Insurance Limited and the book of business from Hill Aviation Insurance Services Limited. nL6N3PA0HW

Coach parent Tapestry TPR.N will sell its Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million in cash, the companies said. nL3N3PA0S2

Canadian Tire said it would sell its premium workwear business Helly Hansen to Kontoor Brands for C$1.28 billion ($901.2 million), as part of efforts to focus on its core business. nL3N3PA0RQ

British investment firm Rosebank Industries ROSE.L is pursuing a $2 billion acquisition of US-based Electrical Components International (ECI), a maker of wire harnesses, Sky News reported, citing sources. nL3N3PA0RT

Switzerland's EFG International said it had posted a net profit of 321.6 million Swiss francs ($356 million) in 2024, an increase of 6% from the previous year, and that it was acquiring Swiss private bank Cité Gestion. nL5N3PA0A0

Swiss technology firm Softwareone expects to close its acquisition of Crayon Group in June, earlier than its previous guidance for a closure in the third quarter, it said. nTUCNZVJL

Japanese trading house Mitsui & Co <8031.T> said it would acquire a 40% stake in the Rio Tinto-operated RIO.AX, Rhodes Ridge iron ore project in Western Australia for $5.34 billion to strengthen its long-term earnings base. nL3N3PA09O

Buyout firm Silver Lake is in exclusive discussions to purchase a majority stake in Intel's programmable chip business, Altera, a person familiar with the matter told Reuters on Tuesday. nL3N3P91WU

Payments processor Shift4 has agreed to buy travel and retail-focused financial technology platform Global Blue GB.N in a deal valued at $2.5 billion, the companies said on Tuesday. nL3N3P91PK