Deals of the day-Mergers and acquisitions

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18/02/2026 10:49

Feb 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday:

** Hard disk drive maker Western Digital plans to raise $3.17 billion by selling some of its stake in former unit Sandisk  through a secondary share sale at a 7.7% discount to its last close, the flash drive maker said.

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** Australian steelmaker BlueScope Steel  said it was considering a sweetened A$15 billion ($10.62 billion) takeover approach from SGH Ltd  and U.S.-based Steel Dynamics , but investors remain hesitant a deal will go ahead.

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** Danaher , a $150 billion U.S. company that makes tools used in developing and testing medicines, on Tuesday agreed to buy Masimo  for $9.9 billion, expanding in patient-monitoring devices in a surprise move outside its main focus.

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**  Warner Bros Discovery  on Tuesday rejected Paramount Skydance's  latest $30-a-share hostile bid, but gave the rival Hollywood studio seven days to submit a "best and final" offer to top an existing agreement to sell its businesses, including HBO Max and "Harry Potter" franchise to Netflix.

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 (Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))