UPDATE 3-Deals of the day -- mergers and acquisitions

** Sweden's Vattenfall [VATN.UL], the Nordic region's biggest utility, said it was likely the sale of its high-voltage power grid in Germany would be closed in the third quarter. [ID:nL180921]

** Nigeria's government revoked the sale of former state telecoms monopoly Nitel to Transcorp Plc TCNP.LG, saying the local company was unable to meet the sale contract terms. [ID:nL1617844]

** Gennady Timchenko, co-founder of oil trader Gunvor, has asked for anti-trust permission to increase his stake in a top Russian engineering firm Stroytransgaz to 79.6 percent, his fund's spokesman said. [ID:nL162725]

** Storage technology company Emulex Corp (ELX.N) spotlighted last year's indictment of Broadcom Corp (BRCM.O) co-founder Henry Nicholas III on drug-related and stock-options back-dating charges, in its latest effort to fend off a $764 million hostile bid. [ID:nN01443012]

** Nickel and gold explorer Dwyka Resources Ltd DWY.AX DWY.L said it was in advanced talks for a possible all-share offer, valued at not less than 1 pence a share, for British mineral explorer Minerva Resources Plc MVA.L. [ID:nBNG477690]

** Acal Plc (ACL.L), a British provider of technology products and services, said it was looking for potential acquisitions to boost its electronics division. [ID:nL128524]

** Egypt's Orascom Telecom Holdings (ORTE.CA) (ORTEq.L) and Rojhan Capital have expressed interest in acquiring the Pakistani operations of the Royal Bank of Scotland (RBS.L), RBS said. [ID:nSIN85893]

** British software company Micro Focus International Plc (MCRO.L), which agreed last month to buy Borland Software Corp BORL.O, said Borland had received a preliminary nonbinding indication of interest from an unnamed financial buyer. [ID:nBNG452011]

** Qatar Telecommunications Co QTEL.QA (Qtel) was still considering whether to make a bid for a stake in Morocco's Meditel, a company spokesperson said. [ID:nL1713301]

** Shares in Bharati Shipyard (BHAR.BO) soared almost 10 percent in early trade while Great Offshore (GOFS.BO) rose 5.23 percent after the shipbuilder said it will make an open offer to acquire shares in the latter. [ID:nBMB005408]

** Singapore commodities firm Olam International said it agreed to sell a 13.76 percent of its enlarged capital to state investor Temasek Holdings [TEM.UL] for $303 million. [ID:nSIN393305]

** China Eastern Airlines Corp (600115.SS) (0670.HK), one of China's three major airlines, plans a joint venture with the government of Yunnan province to bolster its business in southwest China's lucrative tourism market. [ID:nSHA26378]

** Japan's Nippon Paper Group Inc (3893.T) said it has completed the acquisition of all shares in Paper Australia Pty, a unit of PaperlinX (PPX.AX). [ID:nTFA006377]

** Shares in Irish biotechnology company Elan Corp (ELN.I) rose more than 5 percent on Monday on weekend news it was in advanced talks to sell a minority stake to U.S. drugmaker Bristol-Myers Squibb Co (BMY.N). [ID:nL1422876] (Compiled by Tina Kwan in Singapore; Ashutosh Joshi and Antonita Madonna Devotta in Bangalore)