Aug 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:

** Chinese news aggregator Toutiao, backed by Sequoia Capital and CCB International, is raising at least $2 billion at a valuation of over $20 billion in its latest funding round, people familiar with the matter told Reuters.

** India's JBF Industries said its promoters, the Arya family, have pledged almost all their equity in the company to its lenders, in a sign of growing unease around the embattled polyester maker's financial situation.

** Investors in Brazil's Vale SA have overwhelmingly agreed to swap their preferred stock into common shares, handling the world's No. 1 iron ore producer a victory in a plan that will give equal votes to all shareholders and limit government meddling.

** Anglo-South African financial services group Old Mutual aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of next year.

** Vietnamese telecoms firm FPT Corp said it has sold 30 percent of a subsidiary to funds of or associated with funds managers VinaCapital and Dragon Capital.

** Russian aluminium giant Rusal said tycoon Mikhail Prokhorov has agreed to sell around a 7 percent stake to billionaire Viktor Vekselberg for $503.9 million, concluding lengthy negotiations over a sale.

** The German state of North Rhine-Westphalia (NRW) is considering selling off some of its assets, which include hospitals, airports and the industrial city of Duisburg's harbour, its new Finance Minister Lutz Lienenkaemper tells a newspaper.

** The chief executive of Innogy, Germany's largest energy group dismissed talk of new, large-scale consolidation in the European utility sector, saying recent media reports about the matter were fuelled by fee-hungry banks. (Compiled by Arjun Panchadar in Bengaluru)