Deals of the day-Mergers and acquisitions

Mineral Resources

12/11/2025 11:23

Nov 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday:

** LVMH's  watch division has taken a minority stake in La Joux-Perret, the French group said, deepening cooperation with the high-end Swiss watch movement and component manufacturer.

nL8N3WO080

** Dutch bank ABN Amro  said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening its position in its home market.

nL8N3WO05R

** Australia's Mineral Resources  said it would sell a 30% stake in part of its lithium business to South Korea's POSCO <005490.KS> for $765 million to reduce debt, sending its shares to a more than one-year high.

nL4N3WN1EW

** Toto Wolff is in advanced talks to sell part of his stake in Mercedes F1 to Crowdstrike CEO George Kurtz in a deal that would value the Formula One team at a record $6 billion, the Financial Times reported on Tuesday.

nL1N3WN11J

 (Compiled by Rajarshi Roy and Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com))