Deals of the day- Mergers and acquisitions
(Adds Hong Yuan, Carillion, Infinite Rewards, Liberty Media, GSG, Sanoma; updates BSkyB, Colonial)
July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:
** Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.
** The management of Hong Yuan Securities Co Ltd has agreed to be bought by Shenyin & Wanguo Securities Co Ltd for 39.6 billion yuan ($6.4 billion), creating China's third-biggest brokerage.
** British support services and construction company Carillion made a bold move to capitalise on its successes with a possible 3 billion pound ($5 billion) merger with infrastructure firm Balfour Beatty.