Deals of the day-Mergers and acquisitions

May 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Michael Burry's Scion Asset Management has doubled its stake in Estee Lauder EL.N, at a time when the beauty giant's new CEO is steering the company through a transformation to overcome weak demand in key markets such as North America and China. nL4N3RO130

Hub International Limited has acquired the assets of Fifth Avenue Insurance Agency, an Oklahoma City-based company specializing in medical malpractice insurance. The terms of the transaction were not disclosed. nL6N3RO0O3

Online classifieds group Adevinta is exploring the sale of its Spanish business, two sources with knowledge of the talks said, as its private equity owners seek to break-up the company to focus on three main markets and boost returns. nL8N3RO0E6

British healthcare REIT Primary Health Properties (PHP) PHP.L has offered a cash-and-stock deal to buy peer Assura AGRP.L for about 1.68 billion pounds ($2.23 billion), outbidding rival suitors KKR KKR.N and Stonepeak Partners. nL4N3RO0XS

Charter Communications CHTR.O said it would buy privately held rival Cox Communications for $21.9 billion, uniting two of the largest U.S. cable and broadband operators as they battle streaming giants and mobile carriers for customers. nL4N3RO0KN

Canadian oil and gas producer Strathcona SCR.TO plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG Energy MEG.TO, aiming to create a large Canadian oil sands company with the heft to compete internationally. nL4N3RO0AT

South Africa's Tiger Brands TBSJ.J will sell its canned fruit business, Langeberg and Ashton Foods, as a going concern for a symbolic one rand to a new company set up by a consortium, the country's biggest food producer said. nL8N3RO0CA

Embattled German trading group BayWa BYWGnx.DE has received at least two offers for its Dutch grain and oilseed trading branch Cefetra, which the group has put up for sale as part of a wider attempt to cut debt, two sources close to the matter said. nL8N3RO0D6

Singapore Telecommunications STEL.SI said it had sold around 1.2% of its stake in India's Bharti Airtel BRTI.NS for S$2 billion ($1.54 billion), netting an estimated gain of S$1.4 billion. nL4N3RO0BY

The Icelandic government said late on Thursday it had completed the sale of its 45.2% stake in Islandsbanki for 90.58 billion Icelandic crowns ($702.66 million), divesting a holding that was a legacy of the 2008 financial crisis. nL8N3RN0VJ

Mapletree Industrial Trust MAPI.SI said it has agreed to sell three of its Singaporean industrial properties to Brookfield Asset Management BAM.TO for a total of S$535.3 million ($412.82 million). nL4N3RN20F

Australian online travel agency Webjet Group WJL.AX rejected a controlling stake bid of A$314 million ($201.02 million) from private equity firm BGH Capital, saying the offer undervalued the company. nL4N3RN1YS

Utility Vistra VST.N said on Thursday it would acquire seven natural gas generation facilities, with a combined capacity of nearly 2,600 megawatts, from Lotus Infrastructure Partners for $1.9 billion, as it looks to meet growing power demand. nL4N3RN1VJ