Deals of the day-Mergers and acquisitions

St Barbara

10/12/2025 10:41

Dec 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday:

** France's Safran  said it had signed a definitive agreement to sell its in-flight entertainment unit Safran Passenger Innovations to U.S. investment firm Kingswood Capital Management.

nL6N3XG0GY

** Activist investor Elliott Investment Management has taken a 5.01% stake in Toyota Industries <6201.T>, a group firm that Toyota Motor <7203.T> is hoping to buy out, a regulatory filing showed.

nL6N3XG0DA

** Australia's St Barbara  said that Chinese gold producer Lingbao Gold Group <3330.HK> will buy a 50% stake in its subsidiary St Barbara Mining for A$370 million ($245.5 million) in cash.

nL6N3XG096

** Cash-strapped Hong Kong developer Lai Sun Development <0488.HK> has agreed to sell its 50% interest in an office tower in the city’s central financial district to e-commerce giant JD.com <9618.HK> for HK$3.5 billion ($450 million).

nL1N3XG028

 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))