Deals of the day- Mergers and acquisitions

Mon Jul 18, 2016 6:49am EDT
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July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 10:00 GMT on Monday:

**SoftBank Group Corp has agreed to buy UK chip designer ARM Holdings Plc in a 24.3 billion pound ($32.2 billion) cash deal, the two sides said on Monday, a bold bet on internet-connected machines that will transform the Japanese group.

**ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gasfield, winning the support of its target and topping an offer from Australia's Oil Search Ltd.

** Goldman Sachs Group Inc and Bain Capital Private Equity will acquire a majority stake in unlisted cosmetics maker Carver Korea Co Ltd, seeking to tap into the growing popularity of South Korean beauty products in markets such as China.

** French drugmaker Sanofi has sought to address EU antitrust concerns over its proposed takeover of German peer Boehringer Ingelheim's consumer health unit by offering concessions.   Continued...