Deals of the day- Mergers and acquisitions

Fri May 16, 2014 4:07pm EDT
 
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(Adds Corpus Sireo, Catalunya Banc; updates Darden)

May 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Spain will relaunch the sale of bailed-out lender Catalunya Banc next week after two failed auctions, sources close to the process said, and may include state support to spare the bank more losses and make it more attractive to investors.

** Darden Restaurants Inc said on Friday it would sell Red Lobster to private equity firm Golden Gate Capital for $2.1 billion in cash, defying activist investors who opposed plans to shed the struggling seafood chain.

** The Italian government approved plans on Friday to sell stakes of up to 40 percent in Poste Italiane, the national post office, and of 49 percent in state-owned air traffic control operator Enav SpA.

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