Deals of the day-Mergers and acquisitions

Regis Resources

06/07/2026 21:02

Adds: CK Jutchison, Tencent Mobility, Comcast, Cochin Shipyard Updates: Fincantieri, Lockheed Martin, ING, Solstice Advanced Materials
July 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday:
     
** Hong Kong-listed conglomerate CK Hutchison Holdings 0001.HK said on Monday it is contemplating a sale of its European perfumeries and cosmetics retailer Marionnaud to a firm founded by Groupe Bogart JBOG.PA CEO David Konckier. nL4N43815N
     
** Tencent Mobility, a unit of Tencent Holdings 0700.HK, is seeking to raise up to $1.55 billion by selling shares in Chinese short-video company Kuaishou Technology 1024.HK, according to a term sheet seen by Reuters on Monday. nL1N4380DY
     
** Comcast's CMCSA.O Sky has agreed to buy the broadcast channels and streaming service of Britain's ITV ITV.L for £1.6 billion ($2.13 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney. nL4N4380AQ
     
** The Indian government will sell up to 5.04% stake in Cochin Shipyard COCH.NS via an offer for sale, according to an X post from the secretary of India's Department of Investment and Public Asset Management. nL4N43811K
 
     
** Italian shipbuilder Fincantieri FCT.MI has agreed to buy four Italian subsea technology companies for an initial investment of about €600 million ($685.1 million). nL6N4380M6
     
** Russia's state nuclear corporation Rosatom will acquire a controlling stake in Russian logistics group Delo from businessman Sergei Shishkarev, Russian news agencies reported, citing Rosatom CEO Alexei Likhachev. nS8N42Y08D
     
** Honeywell spinoff Solstice Advanced Materials SOLS.O said it will buy peer specialty chemical company Element Solutions ESI.N in a $14.5 billion deal, as it seeks to capitalize on growing demand from AI data centers and the chip industries. nL4N4380RV
     
** Lockheed Martin LMT.N will buy naval defense company Ultra Maritime from private equity firm Advent for $3.45 billion, bolstering its portfolio as global demand for military technology surges. nL4N4380SL
     
** Swiss private bank J. Safra Sarasin said it has agreed to acquire the remaining stake in Denmark's Saxo Bank held indirectly by Kim Fournais, representing about 28.69% of the firm. nL8N4380NK
     
** Europe's largest defence technology group Thales TCFP.PA said it had struck a deal to take a controlling stake in drone technology company Exail EXA.PA as it seeks a greater share of the fast-growing underwater drone warfare market. nL1N43803K
     
** Netherlands-based lender ING INGA.AS has bought around a 40% stake in Spain's Singular Bank from private equity firm Warburg Pincus for an undisclosed sum, it said on Monday, as it seeks to expand its private banking and wealth-management divisions. nL1N438042
     
** Swiss drugmaker Novartis NOVN.S said it had agreed to pay up to $1.5 billion for U.K.-based biotechnology firm Myricx Bio in a deal expected to close in the second half of 2026. nL8N43803H
     
** Genesis Minerals GMD.AX has lobbed a bid worth about A$5.6 billion ($3.9 billion) for Vault Minerals VAU.AX, topping an existing offer from Regis Resources RRL.AX, as surging gold prices fuel a consolidation wave in Australia's mining sector. nL1N437055
     
** British budget airline easyJet EZJ.L has agreed in principle to a sweetened takeover bid from U.S. investment firm Castlelake that values the carrier at up to £5.5 billion ($7.34 billion), it said on Sunday, a potential shakeup for Europe's aviation sector. nL1N43703B
     

(Compiled by Rajarshi Roy and Nandan Mandayam in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com))