Deals of the day-Mergers and acquisitions

Reuters10-17

(Adds: Zuora, LVMH, PAI Partners, CSN, Sanofi, PPG Industries, Fuji Soft)

Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** Fuji Soft founder and shareholder Hiroshi Nozawa said in a letter to the company, seen by Reuters, that he supports U.S. buyout fund Bain Capital's takeover bid for the Japanese software developer.

** French billionaire and LVMH chairman Bernard Arnault has teamed up with energy drinks company Red Bull to buy a controlling stake in French second-tier soccer club Paris FC, the Arnault family office said.

** Billing software firm Zuora said it has entered into a definitive agreement to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion.

** A consortium led by French private equity firm PAI Partners has submitted a new, higher offer for Sanofi's

consumer health business Opella, a source close to the matter said, confirming reports in French media.

** Brazilian steelmaker CSN's deal to sell a stake in CSN Mineracao to Japan's Itochu implies a 26% premium over the previous closing price for shares in its mining subsidiary, a securities filing showed late on Wednesday.

** PPG Industries said it would sell its architectural coatings business in the U.S. and Canada to American Industrial Partners for about $550 million.

** Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said, beefing up offerings for rapidly growing data centres.

** Spanish steel maker Sidenor sent a letter stating it was considering a tender offer for part or all the shares of train manufacturer Talgo , the latter said late on Wednesday in a filing to the stock market regulator.

** N Brown Group said its fourth biggest shareholder Joshua Alliance will buy the British online retailer for about 191 million pounds ($247.9 million).

(Compiled by Rajarshi Roy in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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