Deals of the day-Mergers and acquisitions

Reuters04-26

(Adds: Silica Holdings, I Squared Capital, Updates: Anglo American, Thyssenkrupp, Thoma Bravo, OTP Bank)

April 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal , saying the bid significantly undervalued the London-listed company and its future prospects.

** U.S. Silica Holdings said it has signed a deal to be acquired by funds managed by affiliates of investment firm Apollo in a $1.85 billion deal, sending shares of the frac sand miner up 19.1% in premarket trading.

** Thyssenkrupp will sell a 20% stake in its steel business to the energy holding controlled by Czech billionaire Daniel Kretinsky, a major breakthrough for the German conglomerate after years of unsuccessful attempts to divest the unit.

** Amber, a vehicle of infrastructure fund I Squared Capital Advisors and TDR Capital, submitted the highest bid for Spain's Applus+, Spanish regulator CNMV said , valuing the industrial testing firm at 1.65 billion euros ($1.77 billion).

** Private equity firm Thoma Bravo agreed to buy Britain's Darktrace for $5.32 billion in cash , saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity company.

** Hungary's OTP Bank is preparing for its biggest acquisition so far after making an indicative offer to a bank operating in the European Union, its CEO said.

** Buyout firm L Catterton has agreed to buy a majority stake in family-owned KIKO Milano in a deal which a source close to the matter said valued the Italian accessible make-up maker at around 1.4 billion euros ($1.5 billion) including debt.

** Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras , the global commodity trader said in a statement.

** Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial , in a deal that would take the wealth management platform private more than five years after its initial public offering.

** The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US deal to buy Ka'ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion.

(Compiled by Rajarshi Roy and Anuja Bharat Mistry in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com AnujaBharat.Mistry@thomsonreuters.com))

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