Deals of the day -- mergers and acquisitions

Tue Nov 27, 2012 4:00pm EST
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Nov 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Belarus is in talks with companies from China, India, Europe and the Arab world on selling a minority stake in potash giant Belaruskali but will not drop its $30-32 billion valuation, President Alexander Lukashenko said.

Russia's Uralkali has long coveted a controlling stake in Belaruskali, which accounts for 15 percent of the world potash market.

** Long-time suitor ConAgra Foods Inc finally sealed a deal to buy private-label foods maker Ralcorp Holdings Inc for $5 billion, to tap into the booming business for packaged food that stores sell under their own brands.

** Lehman Brothers Holdings Inc agreed to sell property group Archstone to two real estate investment trusts for about $6.5 billion, taking advantage of a strong market for apartments and marking an end to a 2007 gamble that helped push the investment bank into bankruptcy.   Continued...