Deals of the day- Mergers and acquisitions

Wed Jul 23, 2014 4:01pm EDT
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(Adds Telecom Italia, Talisman Energy)

July 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** BCE Inc said it will pay C$3.95 billion ($3.68 billion) to take regional affiliate Bell Aliant private, securing access to its cash flow and bolstering BCE's position as Canada's largest telecom company.

** Telecom Italia SpA does not rule out combining its Brazilian unit with a local rival but that possibility is not on its agenda for now, Chief Executive Officer Marco Patuano said on Wednesday.

** Italian energy grid holding company CDP Reti will take on around 1.5 billion euros ($2 billion) in new debt ahead of an expected sale of a minority stake to China's State Grid Corp, two sources said, in a move that will lower the price tag for the deal.

** Japan's Itochu Corp and Sumitomo Corp want to sell their stakes in two Australian coal mines and a coal terminal they co-own with Glencore Plc, two people familiar with the matter said.   Continued...