Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions June 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
GSK GSK.L has agreed to buy U.S.-listed cancer drug developer Nuvalent NUVL.O for $10.6 billion in its largest deal in more than a decade, marking a major strategic shift under new CEO Luke Miels as the British company steps up its focus on oncology. nL6N42H0CS
** Australian advertising firm oOh!media OML.AX said it had received indicative takeover offers from Bain Capital and other financial sponsors, triggering a three-way bidding war with I Squared Capital and Pacific Equity Partners. nL4N42H075
** Consumer giant Nestle SA's NESN.S long-time private equity partner PAI Partners has dropped out of bidding for its water business, which includes brands such as Perrier, Bloomberg News reported on Monday. nL4N42G1M0
** Italy's top banking group Intesa Sanpaolo ISP.MI made a €30.6 billion ($35 billion) unsolicited cash-and-share bid on Monday to buy smaller rival Monte dei Paschi di Siena (MPS) BMPS.MI to create the euro zone's second-largest lender by market value. nL4N42G0DE
(Compiled by Rajarshi Roy and Megavarshini G. Somasundaram in Bengaluru)