Deals of the day -- mergers and acquisitions
Dec 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:
** A conglomerate controlled by Thailand's richest man, Dhanin Chearavanont, has bought a minority stake in China's Ping An Insurance for HK$72.7 billion ($9.38 billion) from global bank HSBC, a bold move that ranks as Asia's second-largest deal this year.
** Freeport-McMoRan Copper & Gold Inc on Wednesday said it struck a deal to buy Plains Exploration & Production Co and McMoRan Exploration Co for a total of $9 billion in a bold bid to diversify into the U.S. energy sector.
** A consortium led by Canada's KingSett Capital will offer about C$2.6 billion ($2.62 billion) to acquire Primaris Retail REIT to bolster its portfolio of Canadian shopping malls at a time when U.S. retailers are looking to expand northward.