June 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
BP BP.L has agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe's Ineos for $5 billion, pulling out of a sector widely seen as a key driver of oil demand growth in the coming decades.
Japan's Accordia Golf Co. Ltd, part of private equity firm MBK Partners, proposed to buy out Singapore-listed Accordia Golf Trust 's (AGT) ACCO.SI stakes in 88 golf courses in Japan for about 61.8 billion yen ($576.92 million).
A bidding war for Australian wind and solar firm Infigen Energy IFN.AX heated up, with Spain's Iberdrola IBE.MC raising its bid to A$856 million ($589.1 million), shortly after Philippine conglomerate Ayala Corp AC.PS hiked its offer.
Singapore Exchange Ltd (SGX) SGXL.SI said it would pay about $128 million to buy the 80% stake it does not own in trading platform, BidFX, as it seeks to build its presence in foreign exchange futures and the over-the-counter market.
Austrian specialty steelmaker Voestalpine VOES.VI said it had bought a railway switch plant in France and stakes in companies in China and Argentina to strengthen its production capacity in the railway business.
Italy's Edison EDNn.MI has agreed to reduce the value of the sale of its oil and gas operations to Energean ENOG.L by two thirds to $284 million after dropping the Algerian and Norwegian assets from the deal.