Oct 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Monday:
** India's renewable energy service company OMC Power, backed by
Japan's Mitsui & Co ( MITSF ) and Chubu Electric Power ( CHUEF ),
said that Japanese automaker Honda Motor ( HMC ) has taken an
equity stake in the company to jointly build clean energy
storage batteries.
** Australia's Larvotto Resources ( LRVTF ) said it had rejected
a non-binding indicative offer received last week from United
States Antimony Corporation, valuing the miner at about A$722.9
million ($469.74 million).
** Swiss drugmaker Novartis on Sunday said it agreed to
acquire U.S. biotech firm Avidity Biosciences ( RNA ) for about
$12 billion in cash, as the company looks to bolster its
portfolio of treatments for rare muscle disorders.
(Compiled by Rajarshi Roy and Anhata Rooprai in Bengaluru)