Deals of the day-Mergers and acquisitions

Olam

06/04/2026 20:47

Adds Sunway's

April 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Sunway's SWAY.KL said on Monday its conditional voluntary takeover offer for IJM Corp IJMS.KL had lapsed after failing to meet the acceptance condition by the 5 p.m. close, ending the Malaysian conglomerate's bid for the construction and property group.

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** Neurocrine Biosciences  will acquire rare-disease drugmaker Soleno Therapeutics  for $2.9 billion in cash, the companies said, marking the neuroscience-focused drugmaker's expansion into metabolic disorders.

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** Singapore-based Olam Group  said it has agreed to sell its IT and digital services business, Mindsprint, to Indian IT services firm Wipro  for an enterprise value of $375 million.

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** KNDS France - a unit of German tank maker KNDS - has completed its takeover of French company Texelis Defense for an undisclosed financial amount, said KNDS France.

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 (Compiled by Rajarshi Roy, Pranav Mathur and Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))