Deals of the day-Mergers and acquisitions

Sojitz

30/09/2025 21:19

Adds: Meta, Sabadell, Monte dei Paschi di Siena, MidOcean, BP Marsh; Updates: Coty

Sept 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Tuesday:

** Meta META.O intends to acquire the chip startup Rivos to bolster its in-house semiconductor efforts, the social media company said. nL3N3VH1BU

** Sabadell SABE.MC board member and third-largest shareholder David Martinez will accept BBVA's BBVA.MC improved hostile takeover offer, he said, boosting the prospect of the bigger Spanish bank taking over its smaller rival. nL5N3VH1A2

** Monte dei Paschi di Siena BMPS.MI is expected to name JPMorgan banker Vittorio Grilli as the new Mediobanca chair, two people close to the matter have said, as it finalises its picks for the top jobs at the merchant bank it acquired this month. nL2N3VH0ON

** Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco 2222.SA, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led SHEL.L LNG Canada, MidOcean said. nL2N3VH0PH

** Insurance-focused venture capitalist BP Marsh has acquired a 10% shareholding in Oneglobal, the London-based international retail and wholesale insurance intermediary that is majority owned by private equity firm JC Flowers. nL6N3VH18X

** Israeli high-tech companies raised $11.9 billion over the first three quarters of 2025 as the technology sector continues to thrive despite Israel's two-year-old war against Hamas militants in Gaza. nL2N3VH0M0

** Coty COTY.N said it had launched a strategic review of its consumer beauty business that could lead to the sale of brands such as CoverGirl and Rimmel, as the cosmetics maker plans to focus on its more profitable fragrances unit. nL3N3VH0DI

** Cerebras Systems, a Silicon Valley startup aiming to take on Nvidia  by producing a dinner-plate-sized AI computing chip, on Tuesday said it raised $1.1 billion and added 1789 Capital, the venture firm where Donald Trump Jr. is a partner, as an investor.nL6N3VG135

** The European Commission said it has given its green light to the acquisition of fashion group Versace by Italy's Prada <1913.F>.nL5N3VH0SM

** Kuwait, a top oil producer, attracted substantial demand for its three-part bond offering on Tuesday, indicating strong investor appetite for the state's first sovereign U.S. dollar issue since 2017.nL2N3VH0BD

** Italy's NewPrinces has completed the acquisition of a plant in northern Italy from the world's biggest spirits producer Diageo  for 100 million euros ($117 million), it reported.nL5N3VH0QU

** ABO Energy  has mandated private bank Metzler to advise it on a deal that could see the German renewables firm's founders cede control to an outside investor, a spokesperson for the company said on Tuesday.nL5N3VH05F

** Britain's competition regulator said it has started a probe into the merger between Norway's Subsea 7  and Italy's Saipem  for probable competition concerns in the energy services sector.nL3N3VH0WH

** Britain's Serica Energy  said it will buy Prax Upstream, the sole operator of Lancaster oilfield located in the UK's North Sea, for $25.6 million.nL6N3VH0IY

** Japan's Nippon Steel 5401.T reported it had bought a 30% stake in Canada's Kami iron ore project, forming a joint venture with Australia's Champion Iron CIA.AX and Sojitz 2768.T to secure high-grade ore supplies for direct reduced iron.nL2N3VH09A

** TKMS, the defence business that German conglomerate Thyssenkrupp aims to spin off this autumn, plans to raise its profit margin to more than 7% to close a gap with rivals, banking on soaring military demand amid fears of Russian aggression.nL5N3VH098

** Australian natural gas producer Tamboran Resources TBN.AX has inked an agreement to acquire Irish oil and gas firm Falcon Oil & Gas FO.V in a cash-plus-stock deal valued at C$239 million ($171.81 million), the two companies reported.nL6N3VH0G0

** Australia's Seven West Media SWM.AX said it would merge with Southern Cross Media SXL.AX to create a A$417 million ($273.97 million) metropolitan and regional media group to better compete with global streaming platforms.nL3N3VG1I6

** Turkish Airlines THYAO.IS and Bahrain's flag-carrier Gulf Air have signed a memorandum of understanding to boost cooperation, Turkey's flag-carrier said, adding the accord aimed to drive mutual growth and business development.nL5N3VH0BD

** Kuwait has started accepting bids for a three-part U.S. dollar-denominated bond offering with 3-year, 5-year and 10-year maturities, fixed income news service IFR reported.nL2N3VH05S

** Vopak VOPA.AS has entered into an exclusive agreement with shipping firm Seapeak to provide a floating and regasification unit for its liquefied natural gas import terminal project in Australia, the Dutch tank storage firm reported.nL6N3VH06P

 (Compiled by Dharna Bafna and Anuja Bharat Mistry in Bengaluru)

 ((Dharna.Bafna@thomsonreuters.com;))