Deals of the day-Mergers and acquisitions

Kloeckner & Co SE

16/01/2026 21:02

Updates with Shell, Diana Shipping

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Oil major Shell SHEL.L and Japanese conglomerate Mitsubishi Corp 8058.T are exploring sale options for their respective stakes in the C$40 billion ($28.8 billion) LNG Canada project, three sources familiar with the matter told Reuters.nL6N3YH007

** Global shipping company Diana Shipping DSX.N said on Friday that it plans to launch a proxy fight to replace rival Genco Shipping & Trading's GNK.N six current directors, making its decision just days after the board rejected Diana's takeover offer.nL1N3YH0MA

** Auction Technology Group's ATG.L biggest shareholder FitzWalter Capital raised its buyout proposal for the British online auction operator to 491 million pounds ($658 million) on Friday after repeated rejections.nL6N3YH0P2

** Aircraft components maker TransDigm Group  said it would buy Jet Parts Engineering and Victor Sierra Aviation Holdings from private equity firm Vance Street Capital for about $2.2 billion, including some tax benefits. nL4N3YH14J

** Brazilian oil firm Brava Energia  announced the acquisition of the stakes owned by Malaysia's Petronas  in two offshore fields for $450 million, kicking off a new strategic plan outlined by the company's incoming chief executive.nL1N3YH0AQ

** U.S.-based Worthington Steel  plans to buy Germany's Kloeckner & Co  in a deal that values the metals trading firm at $2.4 billion, as the company looks to strengthen its position in North America. nL4N3YG239

** Delfin ruled out ongoing talks to sell its Monte dei Paschi stake, closing ranks around CEO Luigi Lovaglio, as speculation over a potential approach from UniCredit  for the bank drives shares higher. nL8N3YH0B2

** Japanese trading house Mitsubishi Corp <8058.T> said it would take over the U.S. shale production and infrastructure assets of Aethon Energy Management for $7.53 billion to strengthen its gas value chain. nL6N3YH08T

 (Compiled by Rajarshi Roy, Sanskriti Shekhar and Koyena Das in Bengaluru)

 ((Koyena.das@thomsonreuters.com))