Deals of the day -- mergers and acquisitions

Wed Jul 24, 2013 4:01pm EDT

July 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Dell Inc founder Michael Dell raised his $24.4 billion bid by $150 million on condition that shareholder voting rules are changed so that it will be easier for him to take the No.3 personal computer maker private.

** U.S. fund Blackstone has bought 18 protected rent housing blocks from Madrid city council for 125.5 million euros ($165.89 million), the council said, in one of the first private equity purchases of publicly owned housing in Spain.

** Israeli holding company IDB Development Corp is in advanced talks to sell a 30 percent stake in Clal Insurance to a group of investors based in China at a company valuation of 4.6 billion shekels ($1.3 billion).

** JSW Steel, India's third-largest steelmaker, has expressed interest in buying British steel trader Stemcor's Indian iron ore assets, joining at least three other interested parties, two sources at the companies said.

** Private equity group Carlyle Group LP has entered into exclusive talks to buy family-owned German wood processing group Klenk Holz AG and hopes to clinch a deal this month, two people familiar with the deal said.

** South Africa's Aspen Pharmacare Holdings valued its bid for two of GlaxoSmithKline Plc's thrombosis drugs and a French factory at around 700 million pounds ($1.08 billion), 100 million pounds ($153.7 million) of which will be for inventory.

** UK Asset Resolution, Britain's state-run "bad bank," has agreed to sell a portfolio of former Northern Rock loans to U.S. private equity firm J.C. Flowers and debt recovery business Marlin Financial for a combined 400 million pounds ($615 million).

** Wonderbra owner Hanesbrands Inc will spend $547 million to buy rival Maidenform Brands Inc, where sales have been flagging, and expand its range of lingerie for younger consumers.

** Italy's Recordati said it has agreed to buy 90 percent of Tunisia's eighth-largest pharmaceutical company, Opalia Pharma SA, for an enterprise value of about 37 million euros ($49 million).

** Sumitomo Mitsui Banking Corp said it has agreed to buy Societe Generale's private banking business in Japan for an undisclosed sum.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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