(Adds Sabre, Nova Ljubljanska Banka, Cigna, Avaya Holdings; updates Elanco)
Aug 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
** The U.S. Justice Department sued to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor."
** Nova Ljubljanska Banka (NLB) and Belgian insurer KBC Insurance NV are considering a sale of their life insurance venture NLB Vita, Slovenia's largest bank said in a statement.
** Elanco Animal Health agreed to buy Bayer's veterinary drugs unit in a cash and stock deal valued at $7.6 billion, creating the second largest animal health business and expanding Elanco's reach online.
** U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said.
** Telecommunications equipment and software vendor Avaya Holdings Corp is considering an all-cash offer from private equity firm Clayton Dubilier & Rice LLC (CD&R) as an alternative to a potential merger with Mitel Networks Corp, people familiar with the matter said.
** The head of Egypt's state-owned Banque du Caire told reporters that he expects to sell 30-40% of the bank by the end of 2019 or in early 2020.
** Tod's Chairman Diego Della Valle has raised his stake in the luxury goods group he founded to 81.2%, making good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed.
** Japan's Ichigo Asset Management disclosed a 5.56% stake in hotel chain Unizo Holdings Co Ltd, days after a SoftBank Group firm swooped in with a $1.3 billion 'white knight' bid that investors see going higher.
** Private equity firms Bain and Carlyle are considering raising their offer for German lighting group Osram , two people familiar with the matter told Reuters.
** French supermarket retailer Casino is targeting a further 2 billion euros ($2.2 billion) of asset sales as it steps up plans to cut debt and improve its financial performance.
** Activist investor Edward Bramson, who lost his battle for a seat on the board of Barclays in May, is still pushing to overhaul the British lender, a report from his investment vehicle Sherborne Investors shows.
** Facebook Inc's messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation's fast growing e-commerce sector, people familiar with the matter said.
** British oilfield services provider Wood Plc said it would sell its nuclear energy business for about $305 million to Jacob Engineering, acting to reduce its debt burden.
** South Africa's Harmony Gold is interested in many projects including AngloGold Ashanti's Mponeng operations, CEO Peter Steenkamp said.
** French supermarket retailer Casino said it had raised its offer price to buy the 50% stake held in Brazilian retailer GPA by its Colombian unit Exito, as part of a plan to simplify its Latin American operations.
** PlayStation console maker Sony Interactive Entertainment said it would buy privately held Insomniac Games Inc, known for developing games such as Marvel's "Spider-Man" and third-person shooter "Ratchet & Clank" franchise.
Compiled by Abhishek Manikandan and Sanjana Shivdas in Bengaluru