UPDATE 3-Deals of the day -- mergers and acquisitions

** U.S. computer giant International Business Machines Corp (IBM) (IBM.N: Quote, Profile, Research) sold $77.3 million worth of shares in top Chinese PC maker Lenovo Group Ltd (0992.HK: Quote, Profile, Research) at the bottom of a range, a source said. [ID:nHKG254367]

** Russian services conglomerate Sistema (SSAq.L: Quote, Profile, Research) is in discussions to sell its stake in long-distance provider Multiregional TransitTelecom (MTT), a company official told Reuters. [ID:L2229231]

** British driving services firm Trafficmaster Plc (TFC.L: Quote, Profile, Research) has agreed to acquire vehicle tracking company Tri-Mex Group for up to 4.75 million pounds ($9.49 million). [ID:nL22421684]

** A group including Hutchison Port (0013.HK: Quote, Profile, Research) and Greek pharmaceutical group Alapis (ALAr.AT: Quote, Profile, Research) made the best bid to run and upgrade cargo facilities at Greece's Thessaloniki Port Authority (OLTH) (OLTr.AT: Quote, Profile, Research), the government said. [ID:nATH001419]

** Xugong Group Construction Machinery Co, China's biggest maker of construction equipment, has abandoned a plan to sell a stake to U.S. investment firm Carlyle Group [CYL.UL], a subsidiary of Xugong said. [ID:nSHA323138]

** Shares in China's Semiconductor Manufacturing International Corp (0981.HK: Quote, Profile, Research)(SMI.N: Quote, Profile, Research) jumped as much as 16 percent on a news report that the Datang Telecom group may buy a 20 percent stake in SMIC, the nation's biggest contract chip maker. [ID:nSHA307114]

** A plan by Qatar Telecom (QTel) QTAL.QA to buy the remaining shares in Indonesia's PT Indosat Tbk (ISAT.JK: Quote, Profile, Research) will be blocked by a regulation limiting foreign ownership to 49 percent, officials said. [ID:nJAK49114]

** India's Tata Capital and Mizuho Corporate Bank Ltd said they had signed a memorandum of understanding for a strategic alliance for a range of activities in the financial services sector. [ID:nBMA001119]

** A unit of the Qatar Investment Authority, the sovereign wealth fund, said it was dropping a proposed offer for a stake in Monaco casino and hotel group Societe des Bains de Mer (BAIN.PA: Quote, Profile, Research) due to management opposition. [ID:nL22971990] (Compiled by Tina Kwan in Singapore, A.Ananthalakshmi and Kuganandhan Paramanandan in Bangalore)