Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Nov 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
** Abu Dhabi's XRG will buy Shell's SHEL.L stake in the Woodside Energy-operated North West Shelf project for $1.45 billion, giving the ADNOC subsidiary its first Australian asset.nL6N46K08N
** Four shareholders in Delfin, the investment vehicle of Italy's Del Vecchio family and the largest investor in eyewear giant EssilorLuxottica ESLX.PA, have rejected an offer from shareholder Leonardo Maria Del Vecchio to buy their stakes, Italian news agencies reported on Monday. nL5N46K0IW
** Vestel Elektronik VESTL.IS and Anadolu Group Holding AGHOL.IS said they had signed agreements to sell their stakes in Turkey's electric vehicle maker TOGG to the country's sovereign wealth fund (TVF) and Turkcell TCELL.IS for €184 million ($206 million) each. nL6N46K05C
** Marsh said Monday it has acquired Triton Insurance Agency, a Newport, Rhode Island-based marine and yacht broker. nL6N46J189
** Marvell Technology MRVL.O is buying optical components maker Lumentum LITE.O in a $115 billion all-stock deal, including debt, one of the tech industry's largest takeovers and a bold bet that the AI build-out will fuel chip demand for years. nL6N46J0S1
(Compiled by Rajarshi Roy and Kunal Das in Bengaluru)