Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

** Italian lender Monte dei Paschi di Siena <BMPS.MI> raised its bid for Mediobanca <MDBI.MI> by adding a 750 million euro ($878 million) cash component to its all-share proposal, in a move aimed at gaining full control of the merchant bank.

** British lender Shawbrook said it had reached an agreement to buy specialist lender ThinCats for an undisclosed sum, as it looks to bolster its small business lending arm.

** Israeli energy investor Delek Group <DLEKG.TA> and Italy's oil and gas explorer Eni Spa <ENI.MI> will sell about 2% of their stake in UK-listed Ithaca Energy <ITH.L>, a bookrunner said on Monday.

** Chinese battery maker Contemporary Amperex Technology (CATL) <300750.SZ> is selling its 20.6% stake in subcontracted Finnish car maker Valmet Automotive to the Finnish state and another shareholder, Finland's government said on Monday, amid low electric car sales in Europe.

** Private equity firm Bain Capital announced on Monday that it has penned a definitive agreement to acquire UK broker consolidator Jensten Group.

** Louis Dreyfus Company has acquired grains and oilseeds processing, storage and trading activities in Hungary and Poland from rival agricultural commodity merchant Bunge Global <BG.N>, LDC said on Monday.

** London-based buyout firm CapVest Partners is to acquire a majority stake in Stada Arzneimittel, the German generic drugmaker said on Monday, in what is set to be one of the biggest takeover deals in Europe this year.

** Stada Arzneimittel said on Monday that buyout firm CapVest Partners had agreed with its owners Bain Capital and Cinven to acquire a majority stake in the German generic drugmaker.

** IAG said on Monday that it has completed the acquisition of The Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business for A$855 million ($559 million).