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Deals of the day-Mergers and acquisitions
Jun 3, 2025 3:18 AM

June 3 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Scandinavian property companies Pandox AB and

Eiendomsspar AS have jointly proposed to buy

Ireland's largest hotel group Dalata for 1.3 billion

euros ($1.48 billion), they said.

** Toyota ( TM ) will take a group supplier private in a $26

billion deal, the companies said on Thursday, a landmark

repositioning of Japan's most important corporation that signals

the enduring influence of its founding Toyoda family.

** BP said that it had completed acquisition of stakes in

two offshore exploration and development blocks in the

Azerbaijan sector of the Caspian Sea.

** Merck ( MRK ) has held talks to buy Swiss biotech MoonLake

Immunotherapeutics ( MLTX ) for more than $3 billion, the

Financial Times reported on Monday, citing three people familiar

with the matter.

** Belgian healthcare real estate company Aedifica on

Tuesday said it has reached an agreement to merge with real

estate investment trust Cofinimmo to create the

largest real estate investment trust in Europe.

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

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