n">Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:
** Display-advertising provider Focus Media Holding Ltd said on Wednesday it had agreed to be acquired by a consortium led by Carlyle Group LP for about $3.7 billion in what would be the largest ever private equity deal in China.
** U.S. oil and gas company SandRidge Energy Inc, which is facing calls from two top investors to replace its board and chief executive, struck a deal on Wednesday to sell its Permian Basin properties in west Texas to privately held oil and gas company Sheridan Production Partners for $2.6 billion.
** Google Inc agreed to sell set-top TV box maker Motorola Home to Arris Group Inc for $2.35 billion in cash and stock, the companies said on Wednesday.
** IntercontinentalExchange Inc is in talks to buy NYSE Euronext, the operator of the New York Stock Exchange, according to a source familiar with the situation on Wednesday, in a multibillion dollar deal that could help the commodities exchange take on arch rival CME Group Inc.
** Australia's GrainCorp defended its rejection of a sweetened $2.9 billion takeover offer by Archer Daniels Midland, but said it remained open to higher offers and would hold further talks with its U.S. suitor.
** Spanish bank Santander said it will book gross capital gains of 410 million euros ($543.6 million) from its alliance with Dutch insurer Aegon aimed at strengthening their bankassurance business in Spain.
** BNP Paribas SA, France's largest bank, agreed to sell its Egyptian arm to Dubai lender Emirates NBD for $500 million as French lenders divest operations in the North African country to shore up their capital bases.
** A hedge fund with a 4 percent stake in Caribou Coffee Co on Wednesday urged the company to pursue a better deal after it agreed to be sold to Germany's Benckiser group for $340 million, saying it is easily worth double that price.
** French cement maker Lafarge SA is in talks with private equity and financial firms to sell a 20 to 25 percent stake in its India unit for about $300 million, two sources with direct knowledge of the matter told Reuters.
** TeliaSonera said it would sell its Norwegian fixed broadband unit NextGenTel to Telio Holding for 601 million Norwegian crowns ($108 million) on a cash and debt free basis.
** Belgo-Dutch medical firm Arseus bought Colorado-based B&B Pharmaceuticals to strengthen its position in the market for drug compounding, where pharmacists buy ingredients and make their own versions of drugs.
** Italy's state-backed financing body Cassa Depositi e Prestiti (CDP) would invest in a new company set up to manage Telecom Italia's fixed-line network, its head was quoted as saying on Thursday.
** Japan's JX Holdings said it is buying stakes in several oil and gas fields in offshore Britain in the North Sea from Italy's Eni, a move that could help it post a roughly five-fold jump in output from the region by end-decade.
** A major shareholder in Telenet, Belgium's biggest broadband cable firm, has rejected a 35 euros per share bid by Liberty Global, adding further pressure on the U.S. cable group to raise its offer.
** General Motors Corp and PSA Peugeot Citroen have dropped plans to jointly develop a large car and will base their alliance on three smaller vehicle projects, the automakers said.
** Equatorial Energia will gain a controlling stake in troubled power company Grupo Rede Energia under an agreement between the two companies and CPFL Energia , according to a securities filing by CPFL on Wednesday.
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