Deals of the day- Mergers and acquisitions

Thu Jul 3, 2014 1:00pm EDT
 
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(Adds Lorillard, UBS, T-Hrvatski Telekom, MMX, Melrose, Unipetrol)

July 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1700 GMT on Thursday:

** Tobacco majors Lorillard Inc and Reynolds American Inc are likely to merge as early as end of July, CNBC reported, citing sources. Reuters, in May, exclusively reported that Reynolds American was in active discussions to buy Lorillard in a complicated, three-way transaction that could see British American Tobacco PLC take a major role to back a potential merger.

** Investment bank UBS said on Thursday it was selling around 3 percent of Spanish steel maker Acerinox to institutional investors via an accelerated bookbuild.

** Czech oil processing group Unipetrol will take full control of the Czech refining sector after it buys the stake of Italy's ENI in their joint refining firm Ceska Rafinerska, Unipetrol said on Thursday.

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