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Deals of the day-Mergers and acquisitions
May 8, 2026 3:05 AM

May 8 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** Britain's Intertek ( IKTSF ) rejected a third sweetened 8.93

billion pound ($12.12 billion) takeover proposal from Swedish

private equity firm EQT AB, saying it was focusing on

a review which could see the company split in two.

** Mattel ( MAT ) investor Southeastern Asset Management has

called on CEO Ynon Kreiz to explore strategic options for the

toy maker to be taken private or bought out by rival Hasbro ( HAS )

amid weak demand.

** Commerzbank plans to cut 3,000 jobs to help it

reach more ambitious profit targets as part of a strategy to

fend off a takeover by Italy's UniCredit, the German

bank said on Friday.

** Taiwan Semiconductor Manufacturing Co ( TSM ) and Sony

Semiconductor Solutions plan to form a new joint

venture in Japan to develop and manufacture next-generation

image sensors.

(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)

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