Deals of the day-Mergers and acquisitions
March 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Brazilian bank BRB BSLI3.SA has agreed to buy fellow lender Banco Master, newspaper O Globo reported on Friday, adding that the deal had been approved by BRB's board of directors and is set to be inked in the coming days. nL2N3QB0ZJ
Several private equity firms and at least one aerospace supplier are among the remaining bidders competing to buy Boeing's BA.N Jeppesen navigation unit for more than $8 billion, according to people familiar with the matter. nL2N3QA0VD
Banco BPM BAMI.MI CEO Giuseppe Castagna on Friday rebuffed concerns raised by suitor UniCredit CRDI.MI about the impact on BPM's ability to lend of a regulatory setback it suffered in its bid for fund manager Anima Holding ANIM.MI. nL2N3QB0OV
Hong Kong's CK Hutchison 0001.HK will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group, two people with direct knowledge of the matter said, amid growing pressure from Beijing. nL3N3QB0T0
Poste Italiane PST.MI is in talks with Vivendi VIV.PA to buy part of its stake in Telecom Italia (TIM) TLIT.MI, in a move which would make the state-backed conglomerate the leading investor in the former phone monopoly, three sources close to the matter said. nL5N3Q71M8
U.S.-based private equity firm KKR KKR.N and Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon 7732.T in a tender offer buyout worth 348 billion yen ($2.3 billion), KKR said. nL2N3QB09F
WH Smith SMWH.L is to sell its more than 230-year-old British high street business to Hobbycraft-owner Modella Capital for 76 million pounds ($98 million) to focus on global travel retail. nL3N3QB0IH
Mitsui Sumitomo Insurance, a subsidiary of MS&AD, has entered into an agreement to purchase 15% of the outstanding common stock of WR Berkley. nL6N3QB0H8
Nippon Steel 5401.T and U.S. Steel X.N are in active talks about a deal that would preserve their $14 billion merger and secure billions more in investments from the Japanese steelmaker into Rust Belt facilities, Semafor reported on Thursday. nL3N3QA1V9
China-based Ninestar Corp 002180.SZ plans to sell printer and printing software maker Lexmark International II to Xerox XRX.O in a deal with an equity value of up to $150 million. nL2N3QB02F
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