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Deals of the day-Mergers and acquisitions
Nov 12, 2025 3:40 AM

Nov 12 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Wednesday:

** LVMH's watch division has taken a minority stake in

La Joux-Perret, the French group said, deepening cooperation

with the high-end Swiss watch movement and component

manufacturer.

** Dutch bank ABN Amro said that it had acquired

domestic commercial lender NIBC Bank from private equity firm

Blackstone, strengthening its position in its home market.

** Australia's Mineral Resources said it would sell a

30% stake in part of its lithium business to South Korea's POSCO

for $765 million to reduce debt, sending its shares

to a more than one-year high.

** Toto Wolff is in advanced talks to sell part of his stake in

Mercedes F1 to Crowdstrike CEO George Kurtz in a deal that would

value the Formula One team at a record $6 billion, the Financial

Times reported on Tuesday.

(Compiled by Rajarshi Roy and Jaspreet Singh in Bengaluru)

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