Bayer AG (DB: BAYN) has agreed to acquire Conceptus Inc. (Nasdaq: CPTS), a Mountain View, Calif.-based developer of birth control solutions. The deal is valued at $1.1 billion, or $31 per share (19.69% premium to Friday’s closing price). www.bayer.com
Century Aluminum Co. (Nasdaq: CENX) has agreed to acquire the assets of the Sebree aluminum smelter in Kentucky from a subsidiary of Rio Tinto Alcan Inc. No financial terms were disclosed.www.centuryaluminum.com
Lloyds Banking Group (LSE: LLOY) has agreed to sell its Spanish retail banking operations toBanco Sabadell (CATS: SAB). The deal is valued at upwards of €104 million in stock and cash (including earnouts). www.grupobancosabadell.com
Morgan Stanley (NYSE: MS) is in talks to sell its trust business, which provides trust services for $4 billion of client assets, to Mitsubishi UFJ Financial Group Inc. (Tokyo: 8306), according to Bloomberg. www.morganstanley.com
Uralita SA, a listed Spanish construction materials company, has secured a €320 million seven-year debt facility from KKR Asset Management, which will be used to repay current lenders and to develop and pan-European insulation business. www.uralita.com
The Abraaj Group has sold its stake in Unitrio Technology Ltd., a Thai distributor of computer engineering supporting equipment for datacenters and telecom, to NTT Facilities. No financial terms were disclosed. www.unitrio.co.th
GTCR has sold Actient Holdings LLC, a Lake Forrest, Ill.-based specialty biopharma company focused on products that improve patient outcomes, to Auxilium Pharmaceuticals Inc. (Nasdaq: AUXL). No financial terms were disclosed. www.actientpharma.com
Restoration Hardware Holdings (NYSE: RH) has filed for a $200 million secondary public offering. Selling shareholders are not identified, but they likely would include Catterton Partners (31% current ownership stake). BoA Merrill Lynch and Goldman Sachs are serving as lead underwriters on the offering. www.restorationhardware.com
Shanghai Fosun Pharmaceutical Group (HK: 02196) has acquired Alma Lasers Ltd., an Israel-based provider of laser, light and radiofrequency-based systems to the aesthetic medical market. The deal is valued at around $240 million. TA Associates invested around $90 million to acquire a 73.3% stake in Alma Lasers back in March 2006, and tried taking it public back in 2008.www.almalasers.com
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