April 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
** JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.
** French investment firm Ardian will sell a majority stake in British audio equipment maker Audiotonix to private equity firm PAI Partners, the two groups said in separate statements.
** Italian coffee maker Lavazza said it was investing further in the machine vending industry by acquiring a stake in machine vendor IVS for 185 million euros ($197 million) with an eye to eventually gain full control.
** South Korea's SK Square has sold $191.5 million worth of Krafton Inc shares at 243,500 won each in a block trade, according to two sources with direct knowledge of the matter.
** The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri , saying it would eliminate "direct head-to-head competition" between the flagship brands of the two luxury handbag makers.
** Kroger and Albertsons Cos are expanding their planned sale of grocery stores, offloading 166 more locations than previously agreed upon to C&S Wholesale Grocers as they work to get regulatory approval for their proposed $25 billion merger, the companies said on Monday.
(Compiled by Rajarshi Roy and Anuja Bharat Mistry in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))
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