The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Warren Buffett’s Berkshire Hathaway Inc committed $10 billion to Occidental Petroleum Corp’s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp .
** St George Mining Ltd is in talks with a Chinese battery manufacturer that is interested in buying a stake in the Australian nickel producer, Executive Chairman John Prineas said.
** Czech investment group PPF has increased its holding in global consumer lender Home Credit after buying a 2.5 percent stake from co-shareholder Emma Capital in a deal valuing the company at 8.5 billion euros ($9.55 billion), the shareholders said.
** Curaleaf Holdings Inc said on Wednesday it would buy Cura Partners Inc’s Select brand in an all-stock deal valued at C$1.27 billion ($948 million) to create the world’s largest cannabis company by revenue.
** Indian hotel startup OYO will buy European vacation rental group @Leisure for about 370 million euros ($415.29 million) from German media company Axel Springer and other shareholders, said a source familiar with the matter.
** Walmart Inc-owned e-commerce firm Flipkart is in talks to buy Indian grocery chain Namdhari’s Fresh, CNBC-TV18 reported, citing sources.
** Abu Dhabi Commercial Bank and peers Union National Bank and Al Hilal Bank merged on Wednesday to create a banking heavyweight with 423 billion dirhams ($115 billion) in assets, the third biggest in the United Arab Emirates.
** Educational publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc are planning an all-stock merger, McGraw-Hill said on Wednesday.
** FedEx Express, a subsidiary of FedEx Corp, has acquired the business and assets of the international express division of Israel’s FC (Flying Cargo) Express Ltd, the companies said.
** Privately held industrial conglomerate GFG Alliance said it would spend up to A$100 million ($70.5 million) to get a controlling interest in a copper and iron ore developer to provide materials for its Australian copper and steel business. (Compiled by Shradha Singh and Uday Sampath in Bengaluru)
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