Deals of the day -- mergers and acquisitions

Mon Apr 29, 2013 4:00pm EDT
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April 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Kinross Gold Corp estimated the cost of a scaled-back expansion of its struggling Tasiast mine in West Africa at $2.7 billion, more than some analysts had expected, sending its shares 3 percent lower.

** Germany's Bayer AG has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.

** Four groups have submitted non-binding bids to buy 51 percent of Greece's second-largest water utility as part of the country's plans to sell off state assets and cut debt, the privatisation agency said on Monday.

** French private equity firm PAI Partners will buy R&R Ice Cream from rival Oaktree Capital in a deal financed by a form of debt popular during the credit boom - but controversial because it is relatively high risk - which is now making a comeback in Europe.   Continued...