News: AKE Deals of the day-Mergers and acquisitions

(Adds: China Huarong Asset Management, ValueAct Capital, European Bank for Reconstruction and Development, Kakao Mobility Updates:)

Nov 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:

		** China Huarong Asset Management  2799.HK  said it has 
agreed to buy a nearly 5% stake in CITIC Ltd  0267.HK  from 

CITIC Polaris for HK$13.63 billion ($1.75 billion).

		** Activist investor ValueAct Capital has taken a stake 
in Walt Disney  DIS.N , CNBC reported. 

		** The European Bank for Reconstruction and Development 
is selling its 15% stake in Erste Group Bank's  ERST.VI  

Hungarian unit back to the Austrian group after the Hungarian government's recent exit from the bank, a top EBRD official told Reuters.

		** Kakao Mobility, a South Korean taxi-hailing service 
provider, plans to acquire European taxi platform FreeNow, Maeil 

Business Newspaper reported.

** German financial regulator BaFin has approved Schaeffler's SHA_p.DE voluntary public tender offer to acquire Vitesco VTSCn.DE shares, the German EV components maker said.

** Glencore's GLEN.L deal to buy Teck Resources' TECKb.TO steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies - for a decade or two at least - even as they are phased out in favour of renewable energy.

** Japan's Tsuruha Holdings Inc 3391.T is considering selling the entire company for about $4 billion or even more, after a proxy battle with activist investor Oasis Management, Bloomberg News reported, citing people familiar with the matter.

** Lithium miner Livent LTHN.N said its proposed $10.6 billion merger with Australia's Allkem (AKE) had received all the required pre-closing regulatory approvals.

** Real estate investment trust Boston Properties BXP.N has agreed to sell a 45% interest in two Massachusetts-based life sciences development properties to Norges Bank Investment Management at a gross valuation of about $1.66 billion.