Deals of the day-Mergers and acquisitions

ENEOS Holdings

14/05/2026 20:57

Adds: F2i, Emirates Global Aluminium, Citgo Petroleum;  Updates: Brookfield Asset Management, Tate & Lyle

May 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Thursday:

** Lawyers representing Venezuela told a U.S. court this week that the value of Venezuela-owned U.S. refiner Citgo Petroleum has increased since the sale of its parent company was ordered late last year, which should prevent the execution of the process. nL1N41R0V0

** Emirates Global Aluminium, the largest aluminium smelter in the Middle East, is in advanced talks to take a stake in Omani rival Sohar Aluminium as it expands its footprint outside the United Arab Emirates, six sources with knowledge of the matter said. nL8N41Q31J

** Italian investment fund F2i said it would keep control of airport operator 2i Aeroporti after state-backed investor CDP Equity signed a term sheet to buy a minority stake, rejecting a media report that the deal could lead to a takeover. nL6N41R0VN

** Brookfield Asset Management BAM.N has reached a deal to acquire World Freight Company (WFC) for an enterprise value of about $1.2 billion from EQT EQTAB.ST and PAI Partners, the three investment firms said. nL1N41R09Y

** U.S. food ingredients maker Ingredion INGR.N is in talks with British rival Tate & Lyle TATE.L over a possible takeover of the London-listed firm in a 2.74 billion pound ($3.7 billion) deal, the British company said on Thursday, sending its shares 55% higher. nL6N41R0TZ

** Eneos Holdings <5020.T> said it will buy U.S. major Chevron's CVX.N 50% stake in Singapore Refining Company and other assets in Southeast Asia and Australia for nearly $2.2 billion, in its first refining foray outside of Japan. nL1N41R04X

** British private hospital group Spire Healthcare SPI.L said it received a buyout proposal worth 1 billion pounds ($1.35 billion) from its second-largest shareholder, Toscafund Asset Management, sending its shares up more than 40%. nL6N41R0EZ

** MS&AD subsidiary Mitsui Sumitomo Insurance (MSI) has completed its previously announced acquisition of an 18% equity stake in U.S.-based asset manager Barings for about $1.44 billion, the company said. nL6N41R0LU

** Emirati defence group EDGE has entered an agreement to acquire an 80% stake in Italy's Costruzioni Motori Diesel (CMD), it said , as the state-owned conglomerate expands its footprint in Europe. nL6N41Q19W

** Siemens SIEGn.DE said it has agreed to buy the core business of Italian rail technology group MERMEC to strengthen its rail portfolio and gain market access to Italy. nL8N41R0CY

** British broadcaster ITV said it remained in "active discussions" to sell its media and entertainment division to Comcast's Sky, as it forecast a boost in advertising revenue from the World Cup in June and July.   nL8N41R0CU

** SoftBank's LY Corp 4689.T said it and Bain Capital have lifted their bid for Kakaku.com 2371.T, valuing the price comparison website operator at $4 billion and above a rival offer from Swedish investment firm EQT EQTAB.ST.    nL1N41R02U

** Brazil's Amaggi has agreed to buy a 40% stake in FS, a leading corn ethanol producer in the country, the companies told Reuters on Wednesday, marking the agribusiness group's entry into the rapidly growing sector that is gaining ground against sugarcane-based biofuel. nL6N41Q1EK

** Australia's top business lender National Australia Bank NAB.AX said it has fully acquired Banked, a private payments solution provider, where it held a minority stake. nL4N41Q1ZG

 (Compiled by Rajarshi Roy, Apratim Sarkar and Prakhar Srivastava in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))