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

** Stricken private bank Sal. Oppenheim is headed for a split-up once flagship German lender Deutsche Bank (DBKGn.DE) has taken an equity stake, sources close to the situation told Reuters. [ID:nLB136534]

** Tibco Software Inc (TIBX.O) is not seeking a buyer, its chief executive said on Tuesday, a day after its shares surged on speculation that German software maker SAP AG (SAPG.DE) might buy the company. [ID:nN11531423]

** Debt-laden Spanish media group Prisa (PRS.MC) is to accelerate the sale of part of its Santillana publishing unit after talks with Mediapro's Imagina broke down, Expansion said, citing financial sources. [ID:nLB621277]

** A group of senior lenders won court approval to take control of British car cleaning company IMO Car Wash on Tuesday in a landmark ruling that junior lenders fear will weaken their hand in future restructuring cases. [ID:nLB369478]

** British food and retail group Associated British Foods (ABF.L) said on Tuesday it had agreed to sell its Polish sugar business, British Sugar (Overseas) Polska (BSO Poland), to Pfeifer & Langen Polska. [ID:nLB88477]

** Atlantic Coal Plc (ATCP.L) confirmed on Tuesday that it had not held any offer talks with Strategic Natural Resources Plc (SNRP.L) but said two indicative offers it had made late last month were rejected by Strategic's board as it desired an all-cash offer. [ID:nBNG451690]

** Financial holding company MB Financial Inc (MBFI.O) said it sold its merchant card processing business to Elavon, a wholly owned unit of U.S. Bancorp (USB.N). [ID:nBNG463762]

** Britain's Serious Fraud Office (SFO) will not carry out a criminal investigation into the sale and collapse of carmaker MG Rover, it said, effectively drawing a line under a four-year saga. [ID:nWLA095166]

** Dutch private bank Van Lanschot (VLAN.AS) would be a buyer of private banking assets if the European Commission forces banks that took state aid to sell them, Chief Executive Floris Deckers said. [ID:nLB298568]

** Pershing Square Capital Management, whose manager William Ackman lost a heated proxy contest to elect new directors to Target Corp's (TGT.N) board earlier this year, cut its ownership stake in the retailer to 4.4 percent from 7.8 percent. [ID:nBNG65160]

** Millicom International Cellular SA MICC.O said it has signed an agreement to sell its Cambodian operations to the Royal Group, its partner in Cambodia, for $346 million. [ID:nWEA5614]

** Investment firm Kuwait Projects Co (KPRO.KW) (KIPCO) said it has completed a merger between its pay-TV channel unit Showtime Arabia and the Orbit Group, a unit of a Saudi Arabia's Mawarid Group. [ID:nLB722686]

** British warehousing and feed production firm NWF (NWF.L) is looking to buy up strategic assets to expand its distribution network after reporting record full-year profits. [ID:nLB662939]

(Compiled by Tina Kwan in Singapore, Brenton Cordeiro and Abhinav Sharma in Bangalore)