Deals of the day -- mergers and acquisitions

Nov 20 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0500 GMT on Friday.

** Volkswagen AG <VOWG.DE> said its supervisory board approved the final details of a 49.9 percent stake in sports car maker Porsche AG and an eventual tie-up with Porsche's parent company. To read more, please double click on [ID:nLB199722]

** Australia and New Zealand Banking Group Ltd <ANZ.AX> said it had agreed to sell its custodian services business in Australia and New Zealand to JP Morgan <JPM.N> for an amount it said was not material. [ID:nSYU009059]

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