Deals of the day-Mergers and acquisitions

May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:

U.S. President Donald Trump appeared to give his approval to Nippon Steel's 5401.T $14.9 billion bid for U.S. Steel X.N on Friday, saying the "planned partnership" between the two would create jobs and help the American economy. nL1N3RV0V6

Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake of petrochemical company Braskem BRKM5.SA, two sources familiar with the matter said on Friday.nL1N3RV0P3

CommScope Holding COMM.O is exploring the sale of its broadband connectivity and cable solutions (CCS) division, Bloomberg News reported on Friday. nL4N3RV17P

Shareholders of Swiss insurer Helvetia HELN.S approved a plan for the business to merge with its rival Baloise BALN.S, the company said. nL8N3RV075

Generali announced that it has completed the sale of 100% of its stake in Generali Life Assurance Philippines to Insular Life Assurance Company. nL6N3RV0DJ

RedBird Capital Partners, the U.S. fund that bought Britain's Telegraph newspaper in partnership with UAE-owned IMI, will take control of the publication after agreeing a deal that values the enterprise at 500 million pounds ($673 million). nL8N3RV092

The U.S. Federal Trade Commission dropped a case that sought to block Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in the public interest. nL1N3RU15B

Lumber company Weyerhaeuser said on Thursday it will acquire nearly 117,000 acres of timberlands in North Carolina and Virginia from a unit of Roseburg Forest Products for $375 million. nL4N3RU1NB

OnlyFans owner Fenix International Ltd is in talks to sell the porn-driven company to an investor group at a valuation of around $8 billion, three sources familiar with the matter told Reuters. nL6N3RU022