Deals of the day- Mergers and acquisitions
Aug 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:
** British engineering firm Hyder Consulting Plc has accepted a 268 million pound ($451 million) takeover offer from Japan's Nippon Koei Co Ltd, just days after recommending a bid from Dutch firm Arcadis.
** Malaysia's government will carry out a "complete overhaul" of its troubled national airline Malaysia Airline System in an attempt to revive the loss-making company after it was hit by two jetliner disasters this year. State investment fund Khazanah Nasional has proposed a 1.4 billion ringgit ($436 million) buy-out of the shares it does not own and take the airlines private.
** Gemalto NV, a digital security company that makes SIM cards for mobile phones and biometric passports, will buy U.S.-based data protection specialist SafeNet Inc for $890 million in a move set to boost its earnings and reach.
** Telecom Italia SpA has lined up Citigroup , Mediobanca and Banco Bradesco SA to advise on a deal to acquire Vivendi's Brazilian unit GVT, people familiar with the situation said.