Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** A consortium led by Tencent agreed to buy up to 20% of Vivendi's Universal Music Group (UMG) in a deal that values the world's largest music label at 30 billion euros ($34 billion) and increases the Chinese company's clout on the global market. ** A unit of state-owned China National Gold Group put its 63% stake in an indebted copper miner up for sale on a Beijing government-run M&