Deals of the day-Mergers and acquisitions

Amundi SA

18/11/2025 21:37

Adds ConocoPhillips, US-Saudi Arabia deals, Paramount Skydance, Exxon, Meta, Magazine Luiza

Nov 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Tuesday:

**  Brazilian retailers Magazine Luiza MGLU3.SA and Americanas AMER3.SA announced an e-commerce partnership on Tuesday and will each start selling their products on the other's respective retail platform.

nL1N3WU0YB

** Facebook parent company Meta Platforms META.O defeated a U.S. attempt to unwind its acquisitions of Instagram and WhatsApp on Tuesday when a federal judge ruled the company does not hold a social media monopoly.

nL6N3WU114

** U.S. oil major Exxon Mobil XOM.N has joined rival Chevron Corp CVX.N in considering options to buy parts of sanctioned Russian oil major Lukoil's LKOH.MM international assets, sources familiar with the matter said.

nL1N3WU0SV

** Saudi luxury real estate developer Dar Global DARD.L hopes to fund much of its latest Trump hotel in the Maldives by selling blockchain-based crypto tokens to U.S. retail investors, its CEO told Reuters on Tuesday.

nL6N3WU0XB

** Paramount Skydance PSKY.O said on Tuesday Variety's report on the company forming an investment consortium with the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi to submit a total $71 billion bid for Warner Bros Discovery WBD.O is "categorically inaccurate".

nL4N3WU1FZ

** U.S. President Donald Trump said on Tuesday that he can see a civilian nuclear deal happening with Saudi Arabia, as he hosts the country's leadership for a White House visit.

nL6N3WU11O

** President Donald Trump said on Tuesday the U.S. would sell F-35 stealth fighter jets to Saudi Arabia in a similar arrangement it has with Israel.

nS0N3VI00U

** The Syrian Petroleum Company, U.S.-based ConocoPhillips COP.N and Novaterra have signed a memorandum of understanding to expand cooperation in the natural gas sector, Syria's energy ministry said on Tuesday.

nL1N3WU0QK

** Generali has finalised the legal integration of Liberty Seguros into its operations, the Italian insurer announced.

nL6N3WU0SA

** Golf-equipment maker Topgolf Callaway Brands  agreed to sell a majority stake in its Topgolf unit to private equity firm Leonard Green, valuing the business at $1.1 billion and marking an end to the partnership roughly five years after a merger.

nL4N3WU0QW

** Dulux paint maker AkzoNobel  said that it plans to merge with paintmaker Axalta Coating Systems  in a deal that will create a combined company with an enterprise value of $25 billion.

nL8N3WU04N

** A consortium led by Brazilian investment group Fictor and unnamed investors from the United Arab Emirates agreed to buy embattled Brazilian lender Banco Master, Fictor said in a statement.

nL1N3WT0XU

** Swiss firm Cicor Technologies  said it has made a final revised offer for UK's TT Electronics , introducing an all-cash option of 150 pence per share, alongside an alternative that offers Cicor shares.

nL6N3WU0F5

** ING Bank Slaski  said that it had agreed to acquire the remaining 55% stake in Polish asset management company Goldman Sachs TFI from Goldman Sachs Asset Management International Holdings for 396 million zlotys ($108 million).

nL8N3WU054

** Amundi  is buying a 9.9% stake in London‑listed Intermediate Capital Group  to expand in private markets under its new three‑year strategic plan, Europe's largest asset manager said.

nL8N3WT1IT

** Chip manufacturer GlobalFoundries  said it has acquired Advanced Micro Foundry (AMF), a Singapore-based chipmaker that focuses on silicon photonics, a fast-growing field that is being used in artificial intelligence data centers and quantum computers.

nL6N3WT1L9

** Private equity firm Thoma Bravo has made an offer to acquire Clearwater Analytics , people familiar with the matter said, as the race to buy out the software provider to investment firms gathers pace.

nL6N3WT1I0

 (Compiled by Rajarshi Roy, Arnav Mishra and Pranav Mathur in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))