Deals of the day-Mergers and acquisitions

(Adds International Paper, Woolrich, Peloton; updates Vanda)

May 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Tuesday:

** Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter.

** Luxembourg-based investment firm L-GAM is exploring options to divest its stake in premium outerwear maker Woolrich International, two sources close to the matter told Reuters.

** A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported.

** Privately held contract manufacturer Future Pak said it will sweeten its buyout offer for Vanda Pharmaceuticals to include contingent value rights, in addition to the proposed offer price of $7.25 to $7.75 per share in cash.

** Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion.

** Spanish bank BBVA's bid to rebalance its business towards its home market has been set back after Sabadell rejected its takeover offer, with analysts divided about whether BBVA would return with a better offer or turn its attention elsewhere.

** The Italian government and Lufthansa have submitted new proposals to the European Commission to try to address EU regulatory concerns over the German airline's purchase of a stake in Italy's ITA Airways.

** Australia's Perpetual will be broken up, with its name sold to global investment firm KKR & Co, in a deal worth over A$1.5 billion ($990 million), the Australian Financial Review reported.

** RWE, Germany's biggest electricity producer, is considering options for its minority stake in Amprion, one of Germany's four high-voltage power transmission networks, the company said, potentially paving the way for a sale.

** The Philippines' largest telecommunications group PLDT is in talks to sell up to 49% of its data centre business to Japan's Nippon Telegraph and Telephone (NTT) , PLDT Chairman Manuel Pangilinan told Reuters.

** Dutch global commodity merchant Louis Dreyfus Company (LDC) has raised the ante on an international bidding war for Australia's Namoi Cotton by sweetening its offer price marginally above that of rival suitor Olam Agri .

** Apple cofounder Steve Wozniak's space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to Privateer's space data offerings, Privateer's CEO told Reuters. (Compiled by Rajarshi Roy, Priyanka.G and Arasu Kannagi Basil in Bengaluru)