Deals of the day-Mergers and acquisitions

Pinnacle Financial Partners

25/07/2025 21:00

Adds: Marc Jacobs, Intel, PagerDuty

July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** Luxury goods group LVMH LVMH.PA is in discussions to sell fashion label Marc Jacobs in a deal that could fetch around $1 billion, the Wall Street Journal reported, citing people familiar with the matter. nL4N3TM1H6

** Intel INTC.O is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said, as new CEO Lip-Bu Tan looks to streamline its operations. nL4N3TM1H5

** PagerDuty PD.N is exploring options, including a potential sale of the software maker, after receiving inbound acquisition interest, people familiar with the matter said. nL1N3TM0NW

** Spanish telecom giant Telefonica TEF.MC is in exclusive talks to sell its Mexican business to Beyond ONE, the owner of Virgin Mobile Mexico, three sources with knowledge of the negotiations said. nL6N3TK0QO

** Russian e-commerce company Ozon said that businessman Alexander Chachava had acquired a 27.7% stake in the company from Vostok Investments. nL8N3TM19I

**  Italian food and beverage manufacturer NewPrinces NWLF.MI said on Friday it would consider other acquisitions, if the opportunity arises, after buying Carrefour's CARR.PA loss-making business in Italy. nS8N3Q80B2

** British lender Close Brothers CBRO.L said it has agreed to sell Winterflood Securities to financial services company Marex Group for approximately 103.9 million pounds ($140.20 million) in cash. nL4N3TM0DA

** Pinnacle Financial Partners PNFP.O and Synovus Financial SNV.N have agreed to merge in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States with over $115 billion in combined assets. nL4N3TL28E

** French-Italian chipmaker STMicroelectronics STMPA.PA said on Thursday it would acquire part of NXP Semiconductors' NXPI.O sensor unit for up to $950 million in cash.    nL4N3TL2DQ

** The $8.4 billion merger between Paramount Global PARA.O and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump.    nL6N3TL106

** Testing and inspection group SGS SGSN.S extended its string of acquisitions with three new companies on Friday, as its half-year revenue grew 5.3% organically and met market expectations.nL8N3TM03A

** CK Hutchison's 0001.HK plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended. nL4N3TL0YV

 (Compiled by Rajarshi Roy, Prakhar Srivastava and Apratim Sarkar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))