Deals of the day-Mergers and acquisitions

Peak Rare Earths

16/09/2025 14:35

Adds: Workday, Thyssenkrupp,  Terminal Investment Limited  Updates:

September 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** Workday  said it would acquire artificial intelligence firm Sana for about $1.1 billion, as the human resources software provider looks to drive demand by integrating AI capabilities into its products.

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** Thyssenkrupp  said it has received a non-binding bid for its steel division from Jindal Steel International, without disclosing any further details.

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** Terminal Investment Limited, a unit of Mediterranean Shipping Company, the world's leading container shipping company, has acquired a stake in SOCAR Terminal in Turkey, SOCAR said.

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** Australia's Peak Rare Earths  said it approved a takeover by Chinese rare earths producer Shenghe Resources <600392.SS>, choosing deal certainty with its top shareholder over a higher but conditional U.S. offer.

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** National Bank Holdings  said on Monday it would acquire smaller peer Vista Bank in a $369.1 million cash-and-stock transaction, a move aimed at expanding the regional lender's footprint in Texas.

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 (Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))