Deals of the day- Mergers and acquisitions
(Adds Shell, Vale, Etihad Etisalat, America Movil and others; updates Exelon Corp)
April 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Bayer AG is offering to swap its animal health assets for Merck & Co Inc's consumer healthcare business, people familiar with the matter said on Tuesday, in a move that could give the German drugmaker a leg-up in the $14 billion auction of the Merck business.
** Exelon Corp said it would buy Pepco Holdings Inc for $6.83 billion, helping it overtake Duke Energy Corp as the biggest power distribution company in the United States.
** Sanofi SA is looking to sell a portfolio of older drugs that could fetch $7 billion-$8 billion, according to people familiar with the matter, yet another example of drugmakers trying to shed non-core assets and focus on high-growth areas.