July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1300 GMT on Tuesday:
** U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner.
** Fukuoka Financial Group Inc and Eighteenth Bank , both based in southern Japan, said they would indefinitely put on hold plans to integrate their operations, citing anti-monopoly issues.
** Stada’s management board and supervisory board are recommending that shareholders accept a sweetened takeover offer for the German generic drugmaker from buyout groups Bain Capital and Cinven, Stada said.
** Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyze the behavior of their traders in order to prevent market abuse.
** Royal Dutch Shell and SoftBank are among several global groups considering bidding for Equis Energy, Asia’s largest independent renewable energy producer valued at up to $5 billion, sources familiar with the matter said.
** Netherlands-based drinks bottler Refresco has agreed to buy the bottling activities of Canada-based Cott Corp for $1.25 billion, giving a big boost to its business in the United States, the world’s largest soft drinks market.
** Saudi Arabia’s government has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatization of an airport in the kingdom, three sources familiar with the matter said.
** The chief executive of Drillisch urged shareholders in the German mobile operator to approve an issue of new shares that will trigger a takeover by United Internet in a deal valued at over 8 billion euros ($9.33 billion).
** Hong Kong’s CK Infrastructure (CKI) is seen in the lead to buy German metering and energy management group Ista for more than 4.5 billion euros ($5.2 billion), sources close to the matter told Reuters.
** Drillisch shareholders voted overwhelmingly to approve a takeover by United Internet, creating a stronger competitor to Germany’s three telecoms network operators in a deal worth over 8 billion euros ($9.33 billion).
** Activist investor Sandell Asset Management Corp urged Barnes & Noble Inc to sell itself, saying internet and media companies or private equity firms might be interested in buying the U.S. bookstore chain operator. (Compiled by Divya Grover in Bengaluru)