(Adds PPF, CFR Pharmaceuticals, Jos. A. Bank, Max Bahr, WPP;
Nov 15 The following bids, mergers, acquisitions
and disposals were reported by 1400 GMT on Friday:
** Warren Buffett's Berkshire Hathaway Inc
disclosed on Thursday a new $3.45 billion stake in Exxon Mobil
Corp, after buying 40.1 million shares in the world's
largest publicly traded oil company.
** Chile's CFR Pharmaceuticals formally bid $1.2
billion for all of South African drugs maker Adcock Ingram,
saying it was confident of winning support for the deal from its
** Industrial holding company Siem Industries and
Topcon Corp will launch an offer for Veripos Inc
, valuing the Norwegian satellite positioning system
firm at about 1 billion Norwegian crowns ($162 million) and
trumping a bid by Sweden's Hexagon Ab, the two firms
** Jos. A. Bank Clothiers Inc said it terminated
its $2.3 billion proposal to buy Men's Wearhouse Inc,
although it did not rule out another bid for its larger rival in
** Canadian dairy company Saputo Inc raised its
takeover offer for Warrnambool Cheese and Butter Factory Co
Holdings Ltd by 12.5 percent, valuing Australia's
oldest dairy company at A$505 million ($471 million).
Warrnambool's board unanimously recommended the offer.
** Czech investment group PPF is interested in buying a
minority stake in Slovak Telekom from the state, Slovak
newspaper Hospodarske Noviny reported, without citing sources.
Deutsche Telekom is the group's majority owner with
51 percent and the Slovak state owns the rest.
** Insolvent German home improvement store chain Max Bahr
has moved closer to liquidation with the breakdown of talks to
sell the retailer to rival Hellweg, three people familiar with
the transaction said on Friday. Max Bahr's parent, Praktiker
, has already entered liquidation
** British advertising group WPP has dismissed a
media report saying that the company is considering a
$25-per-share takeover bid for rival Interpublic.
($1 = 6.1863 Norwegian crowns)
($1 = 1.0726 Australian dollars)
(Compiled by Sagarika Jaisinghani and Neha Alawadhi in