Deals of the day- Mergers and acquisitions
Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday:
** Japan's largest oil refiner JX holdings Inc is in talks to merge with rival TonenGeneral Sekiyu, two people with knowledge of the matter said on Monday, potentially creating a company that will control more than half of a market in long-term decline.
** BM&FBovespa SA, Latin America's largest exchange operator, said on Friday it made a non-binding offer for Cetip SA Mercados Organizados, valuing the Brazilian securities clearing house at about 10 billion reais ($2.6 billion).
** Swiss bank Julius Baer said on Monday it would raise its stake in Italian wealth manager Kairos to as much as 80 percent and would then list it on the Milan bourse next year.
** Australian rail and ports giant Asciano Ltd said it would allow Qube Holdings Ltd to conduct due diligence after it made an informal $6.3 billion takeover offer just above a rival bid from Brookfield Asset Management Inc . Continuación...