Deals of the day-Mergers and acquisitions

Chery Automobile Co

23/01/2026 21:07

Adds Barrick, Thyssenkrupp, Prysmian and Straits Trading

Jan 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2045 GMT on Friday:

** Canadian miner Barrick's efforts to spin off its North American assets will hinge on the company's joint venture partner Newmont, according to documents seen by Reuters and former Barrick executives that demonstrate a reversal of fortunes for two global mining companies. nL6N3YL18E

** Thyssenkrupp TKAG.DE is considering selling a minority stake in its bearings division Rothe Erde, two people familiar with the matter said. nL8N3YO1HB

** Italy's cable maker Prysmian PRY.MI plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said. nL8N3YO15U

** Singapore-listed Straits Trading Company STCM.SI said it had agreed to sell a logistics property in South Korea through its joint venture for around S$378 million ($296 million). nL4N3YO1BY

** Sberbank, Russia's biggest bank turned technology conglomerate, has taken a major stake in leading electronics producer Element, as Moscow pushes for sovereignty in the production of the high-tech components needed for the war in Ukraine. nL1N3YO06K

** Nissan Motor 7201.T said on Friday it would sell its manufacturing assets in Rosslyn, South Africa, to the local arm of China's Chery Automobile 9973.HK for an undisclosed sum. nL4N3YO0OK

** Britain's Revolut has scrapped plans to buy a U.S. lender and will instead apply for an American banking licence, Financial Times reported on Friday, citing people familiar with the matter. nL4N3YO0EK

** Wacker Neuson WACGn.DE said on Thursday that talks will not continue with South Korea's Doosan Bobcat 241560.KS to buy a majority stake in the German construction equipment maker. nL1N3YN14B

** Capital One Financial COF.N said on Thursday it will acquire fintech firm Brex in a cash and stock deal valued at $5.15 billion and reported a rise in quarterly profit on the back of higher interest income from its credit card debt. nL4N3YN25J

** Clorox CLX.N said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments. nL4N3YN25Y

 (Compiled by Rajarshi Roy and Kunal Das in Bengaluru)

 ((Kunal.Das2@thomsonreuters.com))