Deals of the day-Mergers and acquisitions

Genel Energy

07/08/2026 10:35

Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:
     
**  Norwegian oil firm DNO <DNO.OL> said it had made a £202 million ($271.8 million) takeover bid for Kurdistan-focused rival Genel Energy <GENL.L> late last month but had been rejected.
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** Israel-based Ratio Petroleum Energy <RTPTp.TA> raised its takeover bid for Pharos Energy <PHARP.L> to about £146.4 million ($196.97 million), outbidding rival oil producer Serica Energy <SQZ.L> and winning back the board's recommendation.
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** BP <BP.L> has agreed to acquire Australia-based Woodside Energy's <WDS.AX> 70% interest in the Calypso gas project in Trinidad and Tobago, it said on Thursday, taking full ownership of the major early-stage deepwater discovery.
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** Advanced Micro Devices <AMD.O> said on Thursday it would buy chip startup Taalas for an undisclosed amount, strengthening its technology as it taps into the rapidly growing market for AI inference workloads.
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** Apollo Global <APO.N> has agreed to buy European budget airline easyJet <EZJ.L> in a deal that values the carrier at about £5.7 billion ($7.7 billion), the companies said on Thursday, as rival suitor Castlelake abandoned its pursuit.
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** Axa XL, which currently holds approximately 49% of S-RM, has agreed to acquire the remaining shares of the specialist corporate intelligence and cybersecurity consultancy.
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 (Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)
 ((Dharna.bafna@thomsonreuters.com))