News: PSQ Deals of the day-Mergers and acquisitions

Dec 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday:

** German auto supplier Schaeffler SHA_p.DE has sold its Russian business to a company called PromAvtoConsult, Russian company filings showed, the latest Western company to exit the country since Moscow's February 2022 invasion of Ukraine.

** Iliad ILD.PA said it had submitted a proposal to Vodafone VOD.L to merge their Italian units, a move that would combine its fast-growing consumer base with the British company's strength in business in a highly competitive market.

** IBM IBM.N said that it would buy Software AG's SOWGn.DE enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud offerings.

** OCI's OCI.AS shares jumped nearly 12% after the European chemicals maker said it had agreed to sell its stake in Iowa Fertilizer Company to Koch AG & Energy Solutions for $3.6 billion.

** Consumer goods giant Unilever ULVR.L said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners.

** Shares of Australia's Pacific Smiles Group (PSQ) rose nearly 19% and were on track for their best day in 44 months, after the dental centre operator received a A$223.4 million ($150 million) takeover offer from Genesis Capital Manager I.

** Mitsubishi UFJ Financial Group 8306.T will buy Australian pension administration firm Link Administration (LNK) in a A$1.2 billion ($802.7 million) deal, as Japan's largest banking group boosts its fund administrator business.

** Australian construction materials firm Adbri (ABC) said it is in exclusive talks with CRH CRH.N and the Barro Group for the two companies to buy shares that Barro does not already own, in a deal worth about A$2.1 billion ($1.41 billion).