Deals of the day-Mergers and acquisitions
19/11/2025 16:00
Adds: Adobe, China International Capital Corp, Alkermes Updates: September 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: ** Adobewill acquire software platform Semrush for $1.9 billion, the companies said, as the Photoshop maker looks to strengthen its marketing tools and attract brands with generative artificial intelligence products. nL4N3WV0Z2 ** State-owned China International Capital Corp (CICC) plans to merge with Dongxing Securities and Cinda Securities via an A-share swap, the company said in a filing to the Shanghai Stock Exchange. nL4N3WV131 ** Alkermes said it has sweetened its offer to buy Avadel Pharmaceuticals , valuing the sleep disorder drugmaker at up to $2.37 billion after a competing proposal from Denmark's Lundbeck HLUNa.CO. nL4N3WV0UF ** North Sea oil and gas company Ithaca Energy announced an agreement with oil major Shell UK to buy a 50% interest in Tobermory gas discovery, located in the West of Shetland basin, offshore Scotland. nL6N3WV0J1 ** Warner Bros Discovery's board wants Paramount Skydance to sweeten its latest bid of $23.5 per share to about $30 apiece, Axios reported, citing sources familiar with the matter. nL4N3WU1FZ ** Mexico's Grupo Aeroportuario del Sureste (ASUR) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva for 11.5 billion reais ($2.16 billion), including net debt, Motiva said. nL1N3WU16C (Compiled by Rajarshi Roy and Arnav Mishra in Bengaluru) ((Rajarshi.Roy@thomsonreuters.com))