(Adds Rayonier, Grupo Bimbo and Saudi Telecom; updates TFG)
May 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
** U.S. oil and gas producer EP Energy Corp and refiner Tesoro Corp on Wednesday announced a joint venture to drill 60 wells in the Uinta basin in Utah.
** Shares in Brazil's Alpargatas SA, the maker of Havaianas flip flops, gained on Wednesday, bolstered by reports from Reuters and elsewhere it was among assets that scandal-hit parent company J&F Investimentos SA had considered selling.
** JBS SA's controlling shareholder, J&F Investimentos, proposed paying a 4-billion reais ($1.22 billion) fine as part of a leniency deal to settle Brazilian bribery and corruption charges, but the offer was rejected, a representative of the public prosecutors' office said on Wednesday.
** Brown-Forman Corp, the maker of Jack Daniel's whiskey, said on Wednesday it was not for sale, following a media report that Corona beer maker Constellation Brands had offered to buy the company.
** ChemChina has raised $20 billion mainly in perpetual bonds to finance its purchase of Swiss seeds firm Syngenta , with Bank of China becoming the single largest investor providing half of that funding, according to a regulatory filing.
** Shares of Bunge Ltd scaled to a 22-month peak on Wednesday after merger overtures by Glencore Plc's agriculture unit whetted investors' appetite for consolidation in the commodities sector.
** A Chinese consortium is buying Ansell Ltd's condom division, the world's no. 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education.
** Aviva is to buy back up to 300 million pounds ($389.55 million) of its own shares, the insurer said.
** Rayonier Advanced Materials said it would buy Canada's Tembec Inc for $807 million including debt to expand its business into packaging and forest products.
** South Africa's clothing and homeware retailer TFG said it would buy menswear chain Retail Apparel Group (RAG), part of its bid to expand in developed markets with a deal that brings more than 400 shops in Australia.
** Saudi Telecom Co's new $500 million venture capital fund expects to complete its first transaction by the fourth quarter of this year, the fund's chief executive said at its launch in Riyadh.
** Mexican breadmaker Grupo Bimbo said it has entered the Indian market through a joint venture to acquire 65 percent of shares in Indian's Ready Roti India Private Limited.
** General Electric's joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year, the chief executive of Dussur, its state-backed Saudi partner, said.
** The founding family of Turkey's largest conglomerate, Koc Holding, is selling shares worth nearly $480 million in the firm, according to a statement filed to the Istanbul Stock Exchange.
** Retail tycoon Philip Green's Arcadia Group Ltd is in preliminary talks to take control of its troubled Australian franchise partner for his Topshop brand, a representative for the Australian firm said.
** Highly-valued security firm Tanium Inc is allowing its co-founder, employees and some early investors to sell $100 million of stock to private equity and venture funds in a secondary sale that eases internal pressure for a public offering.
** Shenzhen Investment Ltd said it would sell four property and hotel assets to China Evergrande Group for 5.42 billion yuan ($788 million), walking away from projects in third and fourth-tier cities to enhance its financial position.
** The founding families of Turkey's two largest conglomerates, Koc Holding and Sabanci Holding, have agreed to sell a combined $580 million in shares of their firms, capitalizing on a global stock market rally that has pushed Istanbul shares to record highs. (Compiled by Gayathree Ganesan in Bengaluru)