(Updates Hasbro, Weinstein Company)
May 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
** Toy maker Hasbro Inc has agreed to acquire children’s entertainment and merchandising franchises, including the characters of the superhero TV show Power Rangers, from Saban Properties LLC in a deal valued at $522 million in cash and stock.
** India’s Larsen & Toubro has agreed to sell its electrical and automation business to Schneider Electric SE for 140 billion rupees ($2.11 billion) in the biggest M&A deal announced in the Indian market this year.
** Kuwait Petroleum International (KPI) is in talks to buy 24 percent of the Bina joint venture refinery in central India, two Indian and two foreign sources said, as the Middle East nation wants to increase its South Asian market share.
** Private equity firm Permira said it is buying back Cisco System’s video software unit, six years after it sold the business to Cisco for $5 billion.
** Plane maker Boeing Co said it will buy aerospace parts company KLX Inc for about $3.2 billion in cash to expand its aircraft services business.
** Chinese conglomerate HNA Group has dropped its bid for most of SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump’s former aide Anthony Scaramucci, as the deal was still stuck with U.S. regulators after more than a year.
** National Grid Plc said it would sell its remaining 25 percent stake in Quadgas HoldCo Limited, which owns Cadent Gas for cash proceeds of about 1.2 billion pounds ($1.65 billion).
** India has extended the deadline to receive initial bids for its stake in state-run carrier Air India to May 31 from May 14 earlier, according to a notification issued by the Ministry of Civil Aviation.
** Mining services provider Mineral Resources Ltd said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.
** India’s Fortis Healthcare Ltd said it received a revised takeover proposal from Malaysia’s IHH Healthcare Bhd .
** U.S. activist fund Elliott Management has begun a legal dispute with South Korea over a controversial 2015 merger of two Samsung affiliates after Elliott lost a proxy battle to block it, a South Korean government official said.
** Private equity firm Lantern Capital is nearing a deal to acquire the Weinstein Company, the TV and film studio that filed for bankruptcy after its co-founder Harvey Weinstein was accused of sexual assault, with a $310 million offer, people familiar with the matter said. (Compiled by Sanjana Shivdas in Bengaluru)