Deals of the day-Mergers and acquisitions

Northern Oil and Gas

26/05/2026 15:16

Adds:  Northern Oil and Gas,  Ecopetrol  Updates:
May 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:
     
** Northern Oil and Gas <NOG.N> said it would buy a 25% stake in Parallax Energy Operating's light-oil assets in Canada's Duvernay shale for an initial purchase price of about C$350 million ($253.60 million).
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** Colombia's state oil company Ecopetrol <ECOPETROL.CN> launched a tender offer to acquire control of Brava Energia BRAV3.SA, the Brazilian energy firm said in a securities filing late on Monday.
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** Controlling shareholders of Brazilian machinery rental company Mills <MILS3.SA> have agreed to sell their 50.3% stake in the firm to France's Loxam <LOXAM.UL>, the Brazilian company said in a securities filing on Monday.
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** Jardine Matheson <JARD.SI> said on Monday it has agreed to buy Australian medical imaging provider I-MED Radiology Network for a total enterprise value of A$3.4 billion ($2.4 billion), adding a major healthcare diagnostics business to the Hong Kong-based group.
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 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))