The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

** Private equity investor Advent has reached an agreement with two big shareholders in Douglas Holding AG and may present a takeover offer of about $1.9 billion for the German books-to-perfumes retailer as soon as next week, the Financial Times Deutschland newspaper reported, citing financial sources.

 ** Australian bulk grain handler GrainCorp said on Tuesday it plans to buy two food oil businesses for a combined A$472 million ($490 million) to create the country's largest edible oil processor.

** PZU, Poland's top insurer, is interested in buying local medical services group Lux Med, estimated to be worth 1 billion zlotys ($306 million), Polish daily Parkiet reported on Tuesday.

** Finnish paper firm Ahlstrom Oyj plans to spin off its label and processing business unit in a deal that will help it raise 150 million euros ($188 million) in cash, and concentrate on more profitable businesses such as food packaging.

** Japanese conglomerate Toyota Tsusho Corp confirmed on Tuesday that it planned to go ahead with an offer for the remainder of distribution firm CFAO after buying a 29.8 percent stake from French retailer PPR.

** China's Lenovo Group is in talks to buy a 50.1 percent controlling stake in India's HCL Infosystems for about 5 billion rupees ($90 million), Indian daily Financial Chronicle reported.

** Credit Agricole SA said a deal to sell troubled Greek arm Emporiki could be wrapped up within weeks, as costs stemming from distressed euro zone economies hammered the French bank's quarterly results.

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