Deals of the day -Mergers and acquisitions

McKesson

25/08/2026 20:32

Adds: Ursa Major, Siemens Energy and Gunvor
August 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1900 GMT on Tuesday:
     
** Commodities trader Gunvor is in talks to buy U.S. natural gas-producing assets from private energy firm Silver Hill Energy Partners, expanding efforts to build an integrated shale gas production and marketing business, four sources told Reuters.     nL1N44M0P6
    
** Siemens Energy ENR1n.DE plans to sell most of its division supplying industrial customers, it said, in a move aimed at sharpening the supplier of power equipment's focus on the booming utility sector. nL4N44M1B1
    
** Aerospace and defense company Ursa Major will go public in the U.S. through a $2.3 billion deal with blank-check firm Bleichroeder Acquisition Corp. III, the companies said, helping it expand capabilities in high-demand weapons technologies including hypersonic engines. nL4N44M0MP

** U.S. drug distributor McKesson MCK.N said it would buy privately held Precision Medicine Group in a deal valued at about $2.25 billion, as part of a years-long effort to strengthen its higher-growth businesses.
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** New Zealand's SkyCity Entertainment SKC.NZ said it rejected two separate takeover offers in May that valued it at up to NZ$826.75 million ($492.33 million), as they undervalued the company and the deal conditions were "problematic".
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** Japanese insurer Tokio Marine 8766.T has identified Australian insurer Suncorp SUN.AX as a preferred takeover target after reviewing several potential options, the Financial Times reported, citing people familiar with the matter.
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 (Compiled by Rajarshi Roy, Pragyan Kalita and and Megavarshini G. Somasundaram in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))