Deals of the day- Mergers and acquisitions
(Adds Zito, Yoox, Teva Pharmaceutical, Fortune Brands, Horizon Pharma, Axis, Shandong Dongming, UnitedHealth Group)
March 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Monday:
** Health insurer UnitedHealth Group Inc agreed to buy Catamaran Corp in a deal worth about $12.8 billion to boost its pharmacy benefit business as it competes with bigger rivals such as Express Scripts Holdings Co.
** Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.
** Qatar's Qatra for Investment & Development (QID Group) and Hamad Bin Suhaim Enterprises have signed an initial deal to acquire 49 percent of China's Shandong Dongming Petrochemical Group worth $5 billion, executives from the firms said.
** Switzerland's Dufry AG has agreed to buy a majority stake in World Duty Free SpA in a deal which values the Italian firm at 3.6 billion euros ($3.91 billion) and will make the combined group the world's biggest travel retailer. Continued...