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Deals of the day-Mergers and acquisitions

April 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace  and is advocating for strategic changes to help boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive.

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** Brazilian state-run firm Petrobras  announced on Monday an agreement to acquire a portion of the Argonauta oil field's ring-fence in the Campos Basin for some $290 million.

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** Investment firms Stonepeak and Bernhard Capital said on Monday they will acquire Louisiana electricity supplier Cleco Group for an undisclosed value from a consortium that includes Macquarie Asset Management.

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(Compiled by Rajarshi Roy in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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