Nov 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:
** LVMH's watch division has taken a minority stake in
La Joux-Perret, the French group said, deepening cooperation
with the high-end Swiss watch movement and component
manufacturer.
** Dutch bank ABN Amro said that it had acquired
domestic commercial lender NIBC Bank from private equity firm
Blackstone, strengthening its position in its home market.
** Australia's Mineral Resources said it would sell a
30% stake in part of its lithium business to South Korea's POSCO
for $765 million to reduce debt, sending its shares
to a more than one-year high.
** Toto Wolff is in advanced talks to sell part of his stake in
Mercedes F1 to Crowdstrike CEO George Kurtz in a deal that would
value the Formula One team at a record $6 billion, the Financial
Times reported on Tuesday.
(Compiled by Rajarshi Roy and Jaspreet Singh in Bengaluru)