March 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:
** Australia's Santos Ltd STO.AX said it will sell 25% in Darwin LNG and BayuUndan to South Korea's SK E&S SKENS.UL for $390 million, months after agreeing to buy ConocoPhillips' COP.N business in the region. Austria's oil and gas group OMV OMVV.VI said it plans to sell assets worth $2.3 billion until the end of next year to fund its $4.7 billion acquisition of an additional stake in plastics maker Borealis. China's Anbang Insurance Group Co Ltd ANBANG.UL , fresh from two years of government-led restructuring, has sold a 35% stake in Chengdu Rural Commercial Bank Co Ltd once valued at over $2 billion in its latest divestiture. French spirits group Pernod Ricard PERP.PA said it was investing in Italicus, a super-premium bergamot-infused Italian aperitivo, as it further expands its fast-growing portfolio of premium specialty spirits. Food giant Nestle NESN.S has mandated JPMorgan Chase (NYSE:JPM) & Co. to handle the sale of its struggling Chinese peanut milk business Yinlu that could be valued at about $1 billion, Bloomberg reported, citing sources familiar with the matter. Florida-based augmented reality startup Magic Leap Inc is exploring options, including a sale, Bloomberg reported, citing people familiar with the matter.