UPDATE 3-Deals of the day - mergers and acquisitions

(Updates Validus, Daiwa, adds Quicksilver, Kona Grill)

May 18 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Monday. (For Reuters columns on deals, click on [DEALTALK/)

** Validus Holdings Ltd (VR.N) said it raised its hostile bid for IPC Holdings Ltd IPCR.O to about $1.69 billion in its latest attempt to wrestle the Bermuda reinsurer away from a deal with rival Max Capital Group Ltd MXGL.O.

To read more, double click on [ID:nN18330433]

** A Grupo Mexico SAB de CV (GMEXICOB.MX) unit formalized its $1.55 billion offer for bankrupt U.S. copper miner Asarco by filing its own proposal for Asarco's reorganization in a Texas court. [ID:nN15303604]

** Volkswagen (VOWG.DE) has called off a meeting planned for Wednesday to discuss merger talks with Porsche (PSHG_p.DE), a source close to VW Chairman Ferdinand Piech told Reuters, adding talks would not resume until Porsche's financial situation was clear. [ID:nWEA3112]

** PepsiAmericas Inc PAS.N said it would combine most of its Caribbean business with Central America Beverage Corp's Central American ones as part of a joint venture between the two companies. [ID:nBNG342851]

** Shionogi & Co Ltd (4507.T) said its U.S. unit Sciele Pharma Inc agreed to buy Victory Pharma for $150 million. [ID:nTFA006367]

** Japanese housing fixtures maker JS Group Corp (5938.T) said it has agreed to buy the Asian operations of Belgian bathroom furnishings company Ideal Standard International for about 112 million euros ($150 million). [ID:nT143587]

** Canwest Global Communications Corp CGS.TO, Canada's biggest media company, is selling its indirect interests in four Turkish radio stations as it fights to shore up its debt-laden balance sheet. [ID:nN15299764]

** Japan's Daiwa Securities SMBC Co said it would buy the corporate finance unit of Britain's Close Brothers Group (CBRO.L), joining a push by Japanese investment banks to sign cross-border deals. [ID:nT137393]

** Takeda Pharmaceutical Co Ltd (4502.T), Japan's largest drugmaker, said it would buy U.S.-based IDM Pharma IDMI.O for $75 million, aiming to bolster its presence in the cancer drug market. [ID:nT185483]

** Belgian supermarket group Delhaize (DELB.BR) unveiled plans to buy the remaining 34.7 percent of Alfa-Beta ABVr.AT, driving the Greek subsidiary's shares up some 20 percent. [ID:nLI293455]

** Kona Grill Inc (KONA.O) shareholder Mill Road Capital offered to buy the casual-dining restaurant chain for $27.9 million, or $4.60 per share, double the stock's closing Friday. [ID:nBNG496627]