Feb 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1040 GMT on Wednesday:

** Dubai Electricity and Water Authority DEWA.DU said it has acquired Dubai Holding's entire 24% stake in Emirates Central Cooling Systems EMPOWER.DU for 5.18 billion dirhams ($1.41 billion), lifting its holding to 80%. nL6N3Z707A

** Brazilian telecoms operator TIM SA's TIMS3.SA board approved a share purchase agreement with HIS Fiber Brasil to buy 51% of the total share capital of I-Systems for 950 million reais ($182.75 million), the company said on Wednesday. nS0N3YE05I

** Picton Property Income PCTN.L said on Wednesday LondonMetric Property LMPL.L has expressed interest in the real estate investment trust, which is conducting a formal sale process as part of its ongoing strategic review. nL6N3Z70GC

** Paramount Skydance PSKY.O has enhanced its Warner Bros Discovery WBD.O bid by offering shareholders extra cash for each quarter the deal fails to close after this year and agreeing to cover the breakup fee the HBO owner would owe Netflix if it walked away. nL4N3Z61LE

** Singapore-based consumer dental firm Zenyum and India's MakeO Toothsi said that they were planning to merge, aiming to create what they called Asia's leading consumer dental company spanning markets from the Middle East to Japan. nL1N3Z60CX

** Spanish telecoms giant Telefonica TEF.MC said on Tuesday it has sold its mobile unit in Chile to French holding company NJJ and Luxembourg-based Millicom, both owned by billionaire Xavier Niel, in line with Telefonica's strategy of divesting from Latin America to focus on its core markets. nL8N3Z61PY

(Compiled by Rajarshi Roy and Megavarshini G. Somasundaram in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))