Deals of the day-Mergers and acquisitions

Kirin Holdings Co

06/02/2026 10:44

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Brazilian state-run oil firm Petrobras  said it has purchased a 42.5% stake in block 2613, located offshore Namibia.

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** Chevron CVX.N is one of at least two companies vying for Lukoil's LKOH.MM global assets, despite the Russian energy company's initial agreement last week to sell them to U.S. private equity firm Carlyle, four sources familiar with the conversations said.

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** South Korea's LG Energy Solution <373220.KS> said it plans to buy the 49% stake held by Stellantis  in their battery joint venture in Canada for the nominal amount of $100.

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** Japanese brewer Kirin Holdings <2503.T> said it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million.

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** Rio Tinto ,  has walked away from takeover talks with Glencore , ending months of negotiations over a tie-up that would have reshaped the global mining industry.

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 (Compiled by Rajarshi Roy and Angela Christy M in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))