Deals of the day-Mergers and acquisitions
08/08/2025 10:52
August 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** New Zealand-based Infratiland the country's sovereign pension fund have agreed to sell their entire stake in an Australian retirement village operator for A$845 million ($550.60 million), the infrastructure investor said. nL4N3TZ2J9 ** Paramount Global and Skydance Media completed their $8.4 billion merger on Thursday, capping a drawn-out deal process marked by political scrutiny and shareholder concerns. nL4N3TZ1SJ ** Revolution Beauty has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two people familiar with the matter said. nL1N3TZ0TF ** U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, potentially offering a way back for the European company that was once seen as the region's answer to rivals in Asia. nL1N3TZ0OS ** Paramount Global and Skydance Media have completed their $8.4 billion merger that was announced more than a year ago, the companies said, capping a long-drawn deal process marked by political scrutiny and shareholder concerns. nL4N3TZ1NM (Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru; Editing by Harikrishnan Nair) ((Anshi.Sancheti@thomsonreuters.com))