UPDATE 1-Deals of the day -- mergers and acquisitions

(Recasts, adds Pernod Ricard)

March 31 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday.

(For Reuters columns on deals, click on [DEALTALK/])

** France's Pernod Ricard (PERP.PA) won a hotly contested auction to buy the maker of Sweden's Absolut vodka for 5.63 billion euro ($8.87 billion), beating favourite Jim Beam bourbon-maker Fortune BrandsFO.N.

To read more, please double click on [nL31200849]

** China Telecom (0728.HK), the larger of the country's two fixed-line service providers, has agreed to pay 5.557 billion yuan ($792.3 million) for Beijing Telecom, a subsidiary of its state parent's. [nHKG26815]

** Australian dairy and juice producer National Foods, owned by Japanese brewer Kirin Holdings (2503.T), has lodged an indicative offer for milk and cheese producer Dairy Farmers, a source familiar with the situation said. [nSYD137623]

** Credit Suisse (CSGN.VX) said it would become an investor in Australian share trading platform AXE ECN, set up to rival market leader ASX Ltd (ASX.AX), joining six other shareholders. [nSYD101705]

** Vega Co Ltd, a wholly-owned subsidiary of The HSBC Private Equity Fund 6, is offering to buy Singapore-listed apparel maker Sing Lun Holdings Ltd SLHL.SI for S$119.6 million ($87 million). [nSIN171571]

** Billionaire Australian investor Solomon Lew offered to buy clothing retailer Just Group Ltd JST.AX, valuing it at up to A$898 million ($824 million) and sending its shares up as much as 12 percent. [nSYD295240]

** South Korea's Kookmin Bank 060000.KS (KB.N) said it would sell its 14 percent stake in Bank Internasional Indonesia (BII) (BNII.JK) to Malayan Banking Bhd (MBBM.KL) for $378 million. [nSEO276183] (Compiled by Tina Kwan in Singapore, Neetha Mahadevan in Bangalore) ((tina.kwan@reuters.com; Reuters Messaging: tina.kwan.reuters.com@reuters.net +65 6870 3924))