Deals of the day-Mergers and acquisitions

August 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

New Zealand-based Infratil and the country's sovereign pension fund have agreed to sell their entire stake in an Australian retirement village operator for A$845 million ($550.60 million), the infrastructure investor said.

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Paramount Global and Skydance Media completed their $8.4 billion merger on Thursday, capping a drawn-out deal process marked by political scrutiny and shareholder concerns.

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Revolution Beauty has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two people familiar with the matter said.

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U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, potentially offering a way back for the European company that was once seen as the region's answer to rivals in Asia.

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Paramount Global and Skydance Media have completed their $8.4 billion merger that was announced more than a year ago, the companies said, capping a long-drawn deal process marked by political scrutiny and shareholder concerns.

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