Deals of the day-Mergers and acquisitions

Motorola Solutions

21/05/2025 14:38

Adds: Motorola Solutions, Ecopetrol, China Mobile Updates: Rosneft

May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** Motorola Solutions  is in advanced talks to acquire closely held wireless-radio maker Silvus Technologies for around $4.5 billion, Bloomberg News reported, citing people familiar with the matter.

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** Russia's largest oil producer Rosneft  has acquired Tomtor, the country's largest rare earth metal deposit, a companies registry showed, after President Vladimir Putin's call last year for development of the field to be accelerated.

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** Colombian state-run oil company Ecopetrol  said it agreed to buy 10 wind and solar energy project development companies from Norway's Statkraft.

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** China Mobile <600941.SS>, the world's biggest wireless carrier by users, is moving closer to a deal to take over Hong Kong broadband company HKBN <1310.HK> after rival bidder I Squared Capital dropped out of the race, three sources said.

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 (Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))