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    Deals of the day-Mergers and acquisitions

    Picture of Global Lithium Resources logoGlobal Lithium Resources
    22/09/2026 10:38
    Deals of the day-Mergers and acquisitions
    September 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
         
    ** Australia's IDP Education IEL.AX said it had rejected a roughly A$694.7 million ($493.79 million) takeover proposal from Blackstone, saying the approach substantially undervalued the company.
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    ** Australia's Global Lithium Resources GL1.AX agreed to a nearly A$333 million ($237 million) takeover by a local unit of UAE-based battery materials firm Titan Lithium Group, sending its shares soaring about 50%.
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     (Compiled by Rajarshi Roy and Miraanta Lowrance in Bengaluru)
     ((Rajarshi.Roy@thomsonreuters.com))

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