Deals of the day-Mergers and acquisitions

Sanofi SA

06/03/2026 14:45

Adds: Axel Springer, Servier, EMS

March 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

** German media group Axel Springer said it had agreed to buy Britain's Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the newspaper's ownership.

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** French drugmaker Servier said it would buy Day One Biopharmaceuticals  for about $2.5 billion, bulking up its brain tumor treatment portfolio.

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** Brazilian pharmaceutical company EMS announced the purchase of Medley, a unit of French drugmaker Sanofi , according to joint a statement.

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** UK-based blank check firm Marwyn Acquisition Company III Ltd  has ended merger talks with Palmer Street Capital, saying the financial services firm has limited near-term need for outside capital.

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** Toyota supplier Denso <6902.T> has made a bid for chipmaker Rohm <6963.T>, a potential $8.3 billion deal that will expand the auto parts giant's hold on power management chips used in electric vehicles and data centres.

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** Lesha Bank, formerly known as Qatar First Bank, said it would acquire Guernsey-based aircraft lessor Amedeo Air Four Plus  in an all-cash deal, implying an enterprise value of 751  million pounds ($1 billion).

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 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))