Deals of the day- Mergers and acquisitions
April 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:
** Eli Lilly and Co said on Tuesday it would buy Swiss drugmaker Novartis AG's animal health business for $5.4 billion in cash to strengthen and diversify its Elanco unit.
** Activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to make a joint run at buying wrinkle-treatment maker Allergan Inc , according to security filings on Monday.
** Lufthansa's IT infrastructure business, which the airline is trying to sell, is drawing interest from IBM , Hewlett-Packard and France's Atos, German paper Frankfurter Allgemeine Zeitung (FAZ) reported, without citing any sources.
** French bank Credit Agricole said on Tuesday it had agreed to sell its 50 percent stake in Crelan, Belgium's seventh-largest banking group, to Belgian cooperative banks.