UPDATE 2-Deals of the day -- mergers and acquisitions

** China's Ministry of Commerce played down reports that it is at odds with the economic planning agency over a controversial deal for a little-known Chinese company to buy GM's GMGMQ.PK Hummer unit. [ID:nPEK143454]

** The board of LCH.Clearnet last month rejected a bid for the clearing house from a consortium led by ICAP (IAP.L) due to concerns about the details of the business plan, two people familiar with the matter said. [ID:nLF405964]

** Paper mill owner PaperWorks Industries, owned by private equity firm Sun Capital Partners Inc, is to take control of privately owned The Specialized Packaging Group, in a deal that expands the paper company into the packaging market. [ID:nN14289888]

** Italian executive Alessio Nati said he had taken no decision on whether to bid for investment company Management & Capitali SpA (M&C) (MACA.MI). [ID:nLF157770]

** Finland's UPM-Kymmene (UPM1V.HE) said it and forestry firm Metsaliitto are to change ownership of their Botnia pulp venture, giving UPM assets in Uruguay and a cash boost to Metsaliitto's struggling M-real (MRLBV.HE) unit. [ID:nLF230842]

** Private-equity owned Nycomed [NYCMD.UL] and a Japanese drugs company are in the early second round of an auction for all of Solvay's (SOLB.BR) pharmaceuticals business, a person familiar with the matter said. [ID:nLF228132]

** Ukraine intends to hold a repeatedly-delayed sale of the Odessa Port chemical plant on Sept. 29 and is looking to raise at least 4 billion hryvnias ($525 million), the privatisation agency said. [ID:nLF116340]

** British support services group Connaught (CNT.L) agreed to buy ground maintenance firm Fountains (FNT.L) in a 13.3 million pound ($21.6 million) all-share deal which will extend its environmental business nationwide. [ID:nLF52249]

** CNOOC (0883.HK), PTT PCL PTT.BK, ENI (ENI.MI), and Osaka Gas (9532.T) are among companies that submitted indicative bids for a 20 to 35 percent stake in InterOil's (IOC.N) liquefied natural gas project in Papua New Guinea, sources said. [ID:nHKG142043]

** ZTE Corp (0763.HK) said it had won 34 percent of China Mobile Communications Corp's (0941.HK) third-round 3G network expansion tender. [ID:nPEK130050]

** Swiss drugs industry supplier Lonza (LONN.VX) has struck a deal to make a monoclonal antibody developed by French state-owned company LFB, it said. [ID:nLF49075]

** South Korea plans to finalize the sale of Daewoo Engineering & Construction (047040.KS) before the end of the year, a top regulator said. [ID:nSEL000690] (Compiled by Manasi Phadke and Sakshi A Mattoo in Bangalore)