Deals of the day-Mergers and acquisitions

April 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

*Marsh McLennan Agency (MMA) has acquired Seitz Insurance Agency, a Sidney, Montana-based provider of commercial and personal lines insurance solutions specializing in the agriculture, crop and energy industries.

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*King Risk Partners has acquired Connecticut-based New England Property & Casualty, the U.S. brokerage said on Tuesday.

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German biotech company Evotec is to receive around $100 million upfront following the closing of the sale of private Germany-based Tubulis to Gilead, the company said on Tuesday.

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Gilead GILD.O said on Tuesday it would acquire Germany-based Tubulis GmbH for up to $5 billion, as it looks to strengthen its cancer drugs pipeline.

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Senior Plc SNR.L agreed on Tuesday to a 1.4 billion pound ($1.9 billion) takeover proposal from a consortium comprising Tinicum and Blackstone BX.N, potentially ending months of pursuit of the British aerospace and defence supplier.

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Billionaire investor Bill Ackman's Pershing Square PSHP.L proposed a takeover of Universal Music Group UMG.AS on Tuesday in a $64 billion deal, the latest twist in his nearly five-year quest of the music label giant.

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Dutch lender ING said it had terminated the agreement to sell its Russian business to Moscow-based Global Development JSC, announced in January 2025.

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