Deals of the day-Mergers and acquisitions
08/05/2026 14:44
Adds:Rio Tinto and Unilever Updates: Intertek May 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Rio Tinto RIO.L, RIO.AX is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the development, two industry sources said. nL8N41L0ON ** Some Unilever ULVR.L investors are pressing for the giant food entity created by a $65 billion deal with U.S. peer McCormick MKC.N to adopt the standards on forestry and sustainability more broadly that the UK consumer products company has promoted. nL6N41L0JQ ** Britain's Intertek ITRK.L rejected a third sweetened 8.93 billion pound ($12.12 billion) takeover proposal from Swedish private equity firm EQT AB EQTAB.ST,saying it was focusing on a review which could see the company split in two nL4N41L0F9 ** Mattel MAT.O investor Southeastern Asset Management has called on CEO Ynon Kreiz to explore strategic options for the toy maker to be taken private or bought out by rival Hasbro HAS.O amid weak demand. nL4N41L0QB ** Commerzbank CBKG.DE plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a takeover by Italy's UniCredit CRDI.MI, the German bank said on Friday. nL8N41L0AN ** Taiwan Semiconductor Manufacturing Co 2330.TW and Sony Semiconductor Solutions 6758.T plan to form a new joint venture in Japan to develop and manufacture next-generation image sensors. nL6N41L0G6 (Compiled by Rajarshi Roy and Varun Sahay in Bengaluru) ((Rajarshi.Roy@thomsonreuters.com))