(Adds Public Power Corp, BNDES, Rede D'Or Sao Luiz SA, Telecom Italia, Indian Railway Catering and Tourism Corp, Trust Bank, NET Power; Updates Poonawalla Fincorp, ADQ)

Dec 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2045 GMT on Wednesday:

** Greece's biggest power utility Public Power Corp. $(PPC)$

has signed an exclusivity agreement with Italy's Enel

for the possible acquisition of its assets in Romania, PPC said.

** Brazil's state development bank BNDES will no longer sell shares it owns in power firm Eletrobras this year, two sources familiar with the matter said, citing a lack of time for a potential sale of a stake in the company to be concluded as well as worsening macroeconomic conditions.

** Brazilian antitrust watchdog CADE approved Rede D'Or Sao Luiz SA's acquisition of insurer SulAmerica SA

with no restrictions.

** Telecom Italia (TIM) needs to sell assets to cut its debt, its boss said, after a sale of its landline grid to state lender Cassa Depositi e Prestiti $(CDP.AU)$ was put on hold by the new government.

** India will sell an up to 5% stake in Indian Railway Catering and Tourism Corp (IRCTC) , the company said in a filing, as the government seeks to meet a steep divestment target for the year.

** Russia's Trust Bank has sold Moscow-based luxury real estate developer Inteko to another property firm for 38 billion roubles ($600 million), the bank said, the largest deal in Russia's development market since 2015.

** NET Power, which produces cleaner energy through natural gas and also captures and stores carbon dioxide, will go public in New York through a merger with blank-check firm Rice Acquisition Corp II , the companies said.

** Poonawalla Fincorp said it would sell its housing finance unit to an affiliate of U.S. private equity firm TPG Global for 39 billion rupees ($473 million), as the Indian non-bank lender switches focus to technology-led growth.

** Private equity firm BC Partners Ltd is considering selling a portion of Navex Global Inc in a deal that could value the U.S. risk management software provider at more than $3 billion, including debt, people familiar with the matter said.

** A consortium led by Abu Dhabi state holding firm ADQ is in advanced negotiations to acquire a controlling stake in Israeli financial firm Phoenix Group for more than $800 million, a regulatory filing showed.

** India's largest power producer NTPC Ltd aims to sell a 20% stake in its green energy business this fiscal year, expecting to raise up to 30 billion Indian rupees ($363.97 million), three government sources said.

** Italy's biggest construction group Webuild said it had reached a deal with the administrators of rival Clough to acquire a set of the engineering group's assets and projects and expand its footprint in Australia.

** Romanian investment fund Fondul Proprietatea said it has sold its 1.78 billion shares in oil and gas group OMV Petrom in an accelerated bookbuilding process for a gross sum of 764.14 million lei ($165.46 million).

** Spanish pharmaceutical company Grifols considers selling assets worth about 2 billion euros ($2.12 billion) to cut its debt, Cinco Dias reported, citing unidentified financial sources.

** Indonesia's PT GoTo Gojek Tokopedia said it has sold its stake in local retailer Alfamart worth 1.5 trillion rupiah ($96.03 million), days after the tech firm announced its strategy to focus on accelerating profitability.

** U.S. life sciences company Illumina Inc on Tuesday defended its $7.1 billion acquisition of biotech firm Grail Inc , pledging to keep selling its DNA sequencing services to other firms, as it seeks to head off a potential vote by U.S. antitrust regulators to kill the deal.

** Nissan Motor Co Ltd doesn't expect to reach an agreement with top shareholder Renault by year-end on retooling their alliance as some of the Japanese automaker's board members are pushing to move cautiously, people familiar with the matter said.

** Australian supermarket chain Woolworths Group Ltd

said it has raised A$636 million ($436.04 million) by selling a part of its stake in alcohol retailer Endeavour Group Ltd in a block trade.

** Mexico's Megacable said on Tuesday it had rejected Grupo Televisa's offer to merge the firms' pay TV and broadband operations, opting to stick with its current business plan given that the company is "not for sale."

(Compiled by Rajarshi Roy, Pratik Jain and Granth Vanaik in Bengaluru)

((Granth.Vanaik@thomsonreuters.com;))