Deals of the day- Mergers and acquisitions
(Adds GE, ACE, Vodacom, Intesa Sanpaolo, Lufthansa, Patterson Companies, Playtech, Pininfarina, Carlyle Group, Suez)
July 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Swiss insurance giant ACE Ltd will buy upmarket property insurer Chubb Corp for $28.3 billion to get access to wealthy clients who pay higher premiums at a time when fierce competition has cut deeply into the industry's profit margins.
** FourPoint Energy LLC, a private exploration and production company, said it would buy oil and gas assets from units of Chesapeake Energy Corp for $840 million to increase its footprint in the Western Anadarko basin in Oklahoma.
** U.S. Justice Department antitrust lawyers have opposed Electrolux AB's plan to buy General Electric Co's household appliance business, a source familiar with the investigation told Reuters.