Deals of the day-Mergers and acquisitions

Renewables Infrastructure

01/12/2025 10:57

Dec 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

** TotalEnergies  will sell a 40% stake in two offshore exploration licenses in Nigeria to Chevron , in a move aimed at strengthening collaboration between the French and U.S. energy giants, the company said .

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** HICL Infrastructure  and The Renewables Infrastructure Group  (TRIG) said they had abandoned plans for a proposed merger after HICL's board said it could not move forward without broad backing from its investors.

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 (Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))