Deals of the day-Mergers and acquisitions

Sept 26 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 0930 GMT on Thursday:

** Hong Kong's New World Development said it was in talks with its controlling shareholder, Chow Tai Fook Enterprises, to sell its entire stake in Kai Tak Sports Park to Chow Tai Fook Enterprises.

** South Korea's LG Display said it had agreed to sell its stake in its large liquid crystal display $(LCD.AU)$ plant in Guangzhou, China, to TCL's LCD unit CSOT for 10.8 billion yuan ($1.54 billion).

** Sodexo is exploring a potential acquisition of its U.S. rival $Aramark(ARMK-W)$ , Bloomberg News reported on Wednesday, sending the shares of the French food catering firm lower.

** Australian fund manager Platinum Asset Management

rejected a takeover offer from hedge fund Regal Partners , saying that the proposal undervalued the company.

** U.S. Steel said on Wednesday an arbitration board had ruled in favour of Nippon Steel's $14.9 billion buyout of the company, but that the United Steelworkers union (USW)disagreed with the decision.

** Macquarie said its infrastructure fund and other pension funds will sell a co-owned 74.25% combined stake in Queensland Airports Ltd to a consortium comprising global investment firm KKR and Skip Essential Infrastructure Fund.

** French food catering firm Sodexo is exploring a potential acquisition of its U.S. rival Aramark , Bloomberg News reported on Wednesday, citing people familiar with the matter.

** Brazilian education companies Cogna and Yduqs

have been in talks about a potential merger, Valor Economico newspaper reported on Wednesday, citing sources.

(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com;))