Deals of the day-Mergers and acquisitions

Akzo Nobel NV

03/06/2026 10:38

June 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
     
** British kitchen and interior fittings supplier Howden Joinery <HWDN.L> said on Wednesday it will acquire online retailer DIY Kitchens in a £390 million ($525 million) deal to expand into direct-to-consumer sales, sending its shares up as much as 5%.
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** Carlyle <CG.O> said on Wednesday it agreed to sell mechanical drive systems provider Flender to Triton Partners in a deal between equity firms.
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** Nippon Paint <4612.T> and Sherwin-Williams <SHW.N> said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel <AKZO.AS>.
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** Australia's Macquarie Group <MQG.AX> said on Tuesday its asset management arm and Brazil's IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to AD Ports Group <ADPORTS.AD> for $835 million.
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 (Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))