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    Deals of the day-Mergers and acquisitions

    Picture of BROOKFIELD ASSET MANAGEMENT logoBROOKFIELD ASSET MANAGEMENT
    23/07/2026 10:35
    Deals of the day-Mergers and acquisitions
    July 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:
         
    ** Ford Motor <F.N> and China's Geely have struck a landmark deal under which the U.S. automaker will sell part of its Almussafes plant near Valencia, paving the way for Geely to manufacture electric vehicles in Spain, ABC newspaper reported on Wednesday.
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    ** Brookfield Asset Management <BAM.N> will acquire battery storage firm Aypa Power from funds managed by Blackstone <BX.N> at an equity value of $3 billion, it said on Wednesday, as it looks to expand its renewables portfolio in North America.
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     (Compiled by Rajarshi Roy and Shania S Thomas in Bengaluru)
     ((shanias.thomas@thomsonreuters.com))

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