Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions June 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
** General Mills GIS.N has agreed to sell its Haagen-Dazs ice-cream shops in mainland China to a group led by fast-growing tea chain operator Ningji, the latest sale to underscore the ebbing fortunes of foreign brands in the world's No. 2 economy. nL4N4291SV
** An Estee Lauder EL.N merger with Jean Paul Gaultier-owner Puig PUIGb.MC failed to go through because of the price tag, Stephane de La Faverie, President and CEO of the U.S. cosmetics maker said on Tuesday, but added the company was still open to acquisitions if they made financial sense. nS8N3ZE03Q
** Aluminium Bahrain (Alba) ALBH.BH has agreed to acquire Aluminium Dunkerque, the European Union's largest aluminium smelter, in a deal valued at about $2.2 billion, the company said. nL6N42A0I0
** Russia on Tuesday launched an auction for the sale of a 67.2% stake in gold producer Uzhuralzoloto GLD.MM which the state confiscated from a businessman last year, the state property agency Rosimushchestvo said. nR4N41S01K
** Edgewise Therapeutics EWTX.O on Monday agreed to sell its muscular dystrophy drug and related business to Servier in a deal worth up to $2.65 billion, marking an expansion for the French group beyond its core cancer and cardiovascular therapies. nL4N42910K
** Media mogul Barry Diller's People Inc IAC.O said on Monday it has proposed to buy MGM Resorts MGM.N, valuing the casino operator at more than $18 billion, marking the industry's second takeover bid in a week as it grapples with slowing consumer demand. nL4N4290YG
** Private equity firm New Mountain Capital has agreed to buy residential property management firm Asset Living for over $2 billion, according to three sources familiar with the matter. nL6N42616X
** European property investment company Unica Capital has agreed to buy Le Montaigne - a Monaco residential property asset - for €27 million ($31.4 million), which it said underscored the resilience of the 'ultra prime' property market despite global economic uncertainties. nL8N4250FG
** Berkshire Hathaway BRKa.N agreed to buy Taylor Morrison Home Corp TMHC.N for $6.8 billion in cash, expanding the conglomerate's housing business in Greg Abel's first multi-billion-dollar acquisition since replacing Warren Buffett as chief executive. nL6N42807C
** Italy's UniCredit CRDI.MI has secured commitments that will take its stake in Commerzbank CBKG.DE well above 30%, Bloomberg News reported on Tuesday, citing people familiar with the matter. nFWN42A05Z
(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)