Deals of the day-Mergers and acquisitions

Bharti Airtel

07/11/2025 15:24

Adds: Updates: ITV

Nov 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

** Britain's ITV  is in preliminary talks to sell its television business to Comcast-owned  Sky for 1.6 billion pounds ($2.15 billion) as both look to compete with Netflix, Amazon and Disney.

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** Singapore Telecommunications (Singtel)  said it had sold a 0.8% stake worth S$1.5 billion ($1.16 billion) in India's Bharti Airtel , as part of the Southeast Asian telecom company's ongoing asset restructuring strategy.

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** KKR & Co  and Singapore Telecommunications  are in advanced talks to buy more than 80% of ST Telemedia Global Data Centres - which would give them full ownership - for over S$5 billion ($3.9 billion), two people with direct knowledge of the plans said.

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 (Compiled by Rajarshi Roy and Anuj T in Bengaluru)

 ((Anuj.T@thomsonreuters.com))