Deals of the day-Mergers and acquisitions

Sinclair

19/08/2025 10:55

August 19 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 0930 GMT on Tuesday:

** Japanese investment firm SoftBank Group <9984.T> has held talks with Intel  on buying the American semiconductor firm's struggling contract chipmaking business, the Financial Times reported.

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** U.S. television station owner Sinclair  has made an offer to merge its broadcast TV business with smaller rival Tegna , which is in advanced talks on a potential sale to Nexstar Media Group , a person familiar with the talks told Reuters on Monday.

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 (Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))