UPDATE 3-Deals of the day -- mergers and acquisitions

(Recasts; Adds BP, Intesa Sanpaolo, Lagardere, Merrill Lynch and others)

Nov 15 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2045 GMT on Thursday.

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

** British brewer Scottish and Newcastle SCTN.L said it had rejected an improved 7.3-billion-pound ($14.9 billion) bid proposal from Denmark's Carlsberg (CARLb.CO) and Dutch group Heineken (HEIN.AS).

To read more, please double click on [nL15649231]

** A group of Spanish billionaires along with Spanish bank BBK made a takeover approach for Iberia (IBLA.MC) that values the airline at up to 3.7 billion euros ($5.4 billion), topping an approach led by U.S. private equity group TPG. [nL15663288]

** An affiliate of Cerberus Capital Management [CBS.UL] said it had offered to renegotiate the terms of its $4 billion deal to buy United Rentals Inc (URI.N) or pay a $100 million breakup fee to walk away from the transaction. [nN15295144]

** Ralcorp Holdings Inc (RAH.N) said that it would acquire Kraft Foods Inc's (KFT.N) Post cereals business in a deal valued at about $1.65 billion. [nN15274041]

** Hungary's leading drug producer Richter GDRB.BU said that it would buy Poland's Polpharma for 231 billion forints ($1.33 billion) and pay for it with newly issued Richter shares. [nL15348517]

** 3M Co (MMM.N), which makes products ranging from Scotch tape to optical films for liquid crystal displays, said it would acquire Aearo Technologies Inc, a maker of hearing- and eye-protection and energy-absorbing products, for $1.2 billion. [nN15402098]

** Europe's biggest cable maker Nexans (NEXS.PA) announced plans to buy the cables business of Chilean copper cable and pipe manufacturer Madeco (MAD.N) MAD.SN in a cash and share deal worth $822 million. [nL151216]

** French cosmetics giant L'Oreal (OREP.PA) announced the planned acquisition of Turkish hair care company Canan for an undisclosed amount. [nL1527138]

** British property firm Segro (SGRO.L) said it had agreed to buy 26 logistics buildings across France for 159.8 million euros ($234.4 million) in a sale and leaseback deal with DHL. [nWLA2982]

** Italy's biggest utility Enel (ENEI.MI) will buy three hydro generation plants in Mexico with a total capacity of 52 megawatts from U.S. investment fund Conduit Partners as part of its Latin American expansion plan. [nL15201562]

** Italy's biggest utility Enel (ENEI.MI) has offered 4.4275 roubles ($0.181) per share to buy out minority shareholders in Russia's wholesale power generator OGK-5 (OGKE.MM), Enel said. [nL15193875]

** The retail arm of VTB (VTBR.MM), Russia's No.2 bank, offered to buy out minority shareholders in its subsidiary VTB North-West after VTB decided against a full-scale merger with the regional bank. [nWLB3429]