Deals of the day -- mergers and acquisitions

Mon Dec 3, 2012 4:00pm EST
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Dec 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** Archer Daniels Midland Co raised its takeover offer for Australia's GrainCorp Ltd to A$12.20 ($12.73) per share in cash, up from an earlier bid of A$11.75.

** Saputo Inc will buy Dean Foods Co's Morningstar division for $1.45 billion to widen its product range and increase its U.S. presence, the Canadian dairy products maker said on Monday.

** Bahrain Telecommunications Co (Batelco) has agreed to buy Cable & Wireless Communications' assets in Monaco and some islands in a deal worth up to $1 billion, hoping growth overseas will offset falling revenue and market share at home.