Deals of the day -- mergers and acquisitions
March 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Johnson Controls Inc is exploring a potential sale of its automotive electronics business, but has no "current intention" to sell its automotive interiors unit, the company said on Wednesday.
** Telecom Italia is continuing talks over a possible spin-off of its copper-wire network, its chief operating officer said on Wednesday, a project that could help the group pay down heavy debts and free up funds for investment.
** Heavily-indebted Italian publisher RCS MediaGroup on Wednesday took a step towards the possible sale of its majority stake in Internet company Dada, by asking it to allow potential bidders access to its data room for a due diligence.
** Online travel agency Priceline.com's $1.8 billion deal to acquire smaller rival Kayak Software Corp , which was expected to close this month, will be delayed due to a prolonged review by UK antitrust regulators. Continued...