Dec 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:
** Activist investor Elliott has taken a position in Germany's Bayer
, the latest in a string of investments in German companies, three people familiar with the matter told Reuters. Brazilian food processor BRF SA
has agreed on the sale of around 800 million reais ($206 million) in assets as part of a plan to raise 5 billion reais to reduce debt, vice president of operations Lorival Luz told journalists. Germany's Fresenius SE
properly terminated its merger agreement with Akorn Inc
, the Delaware Supreme Court said, sending shares of the U.S generic drugmaker down more than 30 percent. Brazil's state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the Transportadora Associada de Gás (TAG) pipeline, after a Brazilian Supreme Court injunction in July stalled the sale. Marlboro cigarette maker Altria Group (NYSE:
) Inc MO.N made a big bet on the rapidly growing marijuana industry with a $1.8 billion investment in Canadian cannabis producer Cronos Group Inc
. Brazil's government said that it would appeal an injunction issued Thursday blocking a proposed tie-up between planemakers Embraer
** Billionaire global investor Warren Buffett's Berkshire Hathaway (NYSE: BRKa ) Inc BRKa.N is looking to pick up a 10 percent stake in Kotak Mahindra Bank Ltd KTKM.NS , according to a media report, a plan the Indian bank said it was unaware of. HCL Technologies HCLT.NS will buy some software assets from U.S.-based IBM (NYSE: IBM ) Corp IBM.N for $1.8 billion, the companies said, marking the largest purchase ever by an Indian IT services firm. Walmart (NYSE: WMT ) Inc WMT.N said it has acquired online retailer Art.com for an undisclosed amount to boost its home decor business and expand its online offering, as part of the retailer's efforts to attract more millennials.
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