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

(Updates Johnson & Johnson, Dow Chemical, Sacyr and adds others)

Dec 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, North American and Asian companies were reported by 2100 GMT on Monday.

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

** Irish banks will move in the coming weeks to facilitate investments of up to 10 billion euros ($12.94 billion) in fresh capital from government, private equity and other sources, the Irish Examiner reported. [ID:nL1254861]

** American International Group Inc (AIG.N) agreed to sell its private banking unit to Abu Dhabi-based Aabar Investments PJSC AABAR.AD for 307 million Swiss francs ($254 million), as the insurer sheds assets to pay back some costs of its $152 billion federal bailout. [ID:nBNG409492]

** Johnson & Johnson (JNJ.N) will buy breast implant maker Mentor Corp MNT.N for $1.07 billion as the diversified healthcare giant pushes into the market for cosmetic medical procedures. [ID:nN01496155]

** The value of K-Dow Petrochemicals, the planned joint-venture between Dow Chemical (DOW.N) and Kuwait Petroleum Corp, has been cut by more than 8 percent to about $17.4 billion in light of a sharp slowdown in global demand. [ID:nL1460639]

** Ford Motor Co (F.N) said it was reviewing options for Volvo and could sell the luxury Swedish car brand as it scrambles to shore up cash amid a deep industry downturn. [ID:nN01387204]

** Sacyr Vallehermoso's (SVO.MC) 7.9 billion euro ($10.22 billion) sale of its highway business to a private equity fund owned by Citigroup (C.N) will reduce the Spanish builder's massive debt pile and ease mounting pressure to sell its stake in Repsol (REP.MC). [ID:nL1239320]

** Ryanair (RYA.I) revived its courtship of Irish rival Aer Lingus (AERL.I), bidding 750 million euros ($970 million), just half of what it offered two years ago in an approach thwarted by European regulators. [ID:nL1274588]

** Struggling Citigroup Inc (C.N) plans to sell NikkoCiti Trust and Banking Corp, its trust bank unit in Japan, as part of its global restructuring efforts in a deal that could raise up to 40 billion yen ($420 million), Japanese media reported on Sunday. [ID:nT210631]

** Privately-held Pacnet is offering $420 million for Telecom Corp of New Zealand's (TEL.NZ) AAPT, Australia's No.3 phone group, as it looks to round out its Asia-wide telecoms network, a source close to the companies said. [ID:nSP69698]

** Insurance Australia Group Ltd (IAG.AX), Australia's top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent. [ID:nSYD377915]

** Norwegian oil producer Det norske oljeselskap ASA (DETNOR.OL) has rejected oil services company Petrojack's (JACK.OL) offer to sell its Petroprod PPROD.OL unit to Det norske. [ID:nL1412481]

** Dutch telecoms group KPN (KPN.AS) said it would sell its Getronics unit's Business Solutions activities for local governments and healthcare in the Netherlands to Total Specific Solutions. [ID:nL1263523]

** Electricity Generating PCL (EGCO) EGCO.BK, Thailand's second-largest private power firm, said it had indirectly bought a 23.4 percent stake in a coal-fired power plant in the Philippines, its fourth in the country. [ID:nBKK149890]