Deals of the day-Mergers and acquisitions

(Adds: Blue Owl Capital, VITTI, Rio Tinto Updates: Lunate, CMA CGM, Genmab)

April 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday:

** Energy storage company VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal with grid operator Snam owning the rest, the Milan-listed group said, announcing a deal to be finalised by year-end.

** The ethics adviser to Norway's $1.6 trillion sovereign-wealth fund is assessing whether to recommend the investor to divest its multi-billion dollar stake in mining giant Rio Tinto for environmental concerns, the Wall Street Journal reported, citing people familiar with the matter.

** Abu Dhabi investor Lunate said it had bought a 40% stake from private equity firms BlackRock and KKR in the entity that leases Abu Dhabi National Oil Company's oil pipelines.

** French-based CMA CGM, one of the world's largest container lines, has acquired a 10% stake in the Flexis electric van venture set up by Renault and Volvo Group, the companies said, as the shipper expands further into logistics business.

** Alternative asset manager Blue Owl Capital said it would buy Kuvare Asset Management for $750 million in a cash-and-stock deal, underscoring the increasing demand for life insurance assets from investment firms.

** Danish biotech Genmab has agreed to buy privately-owned U.S. cancer drug maker ProfoundBio for $1.8 billion, the two companies said.

** The United States Steel employees' union said on Tuesday it would not support Japanese firm Nippon Steel's draft agreement to gain support for its takeover of the U.S. steel company.

** Azimut will sell its stake in private credit fund Kennedy Lewis to Goldman Sachs' private equity unit Petershill Partners, the Italian asset manager said.

** Singapore Telecommunications (Singtel) ruled out any impending deal to sell its Australian mobile network operation Optus following reports that talks for a potential stake divestment had fallen off.

** Austria's central bank chief said there was "tail risk" in a Raiffeisen Bank International plan to buy stake in Austrian building company Strabag with funds currently tied up in Russia and only the bank can judge if such a risk is worth taking.

** Swiss specialty chemicals maker Clariant completed the $810-million acquisition of Canada's ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the firm said.

** Australia's Azure Minerals said the country's Foreign Investment Review Board (FIRB) extended a deadline for approving SQM and Hancock Prospecting's A$1.7 billion ($1.11 billion) offer for the lithium developer.

** U.S. private equity firm Clayton Dubilier & Rice (CD&R) said on Tuesday it had agreed to acquire a majority ownership position in information technology provider Presidio from UK-based BC Partners.

** Private equity firm EQT said on Tuesday it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe. (Compiled by Rajarshi Roy and Granth Vanaik in Bengaluru)