Deals of the day-Mergers and acquisitions

Alkermes

22/10/2025 21:09

Adds Europe's aerospace giants, Kering

Oct 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Europe's aerospace giants kept investors waiting an extra day for details of a new space champion on Wednesday as lawyers and advisers pored over the smallprint, but merger plans remained intact, people familiar with the talks said.

nL1N3W30QS

** Kering's eyewear division is "instrumental for the development of the group", the company's Chief Operating Officer Jean-Marc Duplaix said on Wednesday, rebuffing rumours the company might put the unit up for sale.

nS8N3MW0AB

** FalconX said it will buy crypto investment management firm 21shares, as the digital assets trading firm looks to expand its exchange-traded funds offerings.

nL6N3W30JL

** Alkermes  said it will acquire Avadel Pharmaceuticals  in a deal valued at up to $2.1 billion, gaining an approved sleep-disorder treatment and expanding into the sleep-medicine market.

nL4N3W30QL

** GE Vernova  said on Tuesday it would pay $5.28 billion to buy the 50% stake it does not already own in transformer-maker Prolec GE as the artificial intelligence boom fuels grid equipment demand.

nL4N3W21LZ

** Warner Bros Discovery's  board rejected a nearly $60 billion offer from Paramount Skydance  on Tuesday, a source said, and the company announced it would explore its options for the sale of the company.

nL4N3W20YN

 (Compiled by Sahil Pandey, Anshi Sancheti and Rajarshi Roy in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))