June 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Merck ( MRK ) is nearing a $10 billion deal to buy lung
diseases focussed Verona Pharma, as the U.S. drugmaker
is eyeing deals to offset the upcoming patent expiry of its
blockbuster cancer drug, the Financial Times reported.
** Uniper said it would sell its 18.26% shareholding
stake in AS Latvijas Gaze to Energy Investments SIA, as the
German utility fulfills one of the conditions of a government
bailout it received in 2022.
** Italy's Leonardo has agreed to buy Sweden's
Axiomatics, a source told Reuters , marking a further step in
the company's efforts to expand its cybersecurity business.
** Tokio Marine Group's corporate member, Tokio Marine
Underwriting Limited (TMUL), has launched an offer to buy out
Names capacity on Syndicate 510, three senior market sources
told The Insurer.
** Parcel locker firm InPost has acquired Spanish
delivery company Sending to enhance its presence in the Iberian
Peninsula and integrate the 24-hour door-to-door delivery
service previously provided by Sending, it said.
** Meta Platforms ( META ) has acquired a nearly 3% stake in
eyewear maker EssilorLuxottica, a source told Reuters
on Tuesday, amid growing consumer interest in AI-powered
wearable devices.
(Compiled by Rajarshi Roy and Katha Kalia in Bengaluru)