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Deals of the day-Mergers and acquisitions
Aug 8, 2025 3:15 AM

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

acquisitions and disposals were reported by 0930 GMT on Friday:

** New Zealand-based Infratil ( IFUUF ) and the country's

sovereign pension fund have agreed to sell their entire stake in

an Australian retirement village operator for A$845 million

($550.60 million), the infrastructure investor said.

** Paramount Global and Skydance Media completed their $8.4

billion merger on Thursday, capping a drawn-out deal process

marked by political scrutiny and shareholder concerns.

** Revolution Beauty has rejected a takeover offer

from specialist private equity firm True, leaving the cosmetics

group likely to revive a capital raising from existing

shareholders, two people familiar with the matter said.

** U.S. battery startup Lyten has agreed to buy most of

bankrupt Swedish battery maker Northvolt, it said on Thursday,

potentially offering a way back for the European company that

was once seen as the region's answer to rivals in Asia.

** Paramount Global and Skydance Media have completed their

$8.4 billion merger that was announced more than a year ago, the

companies said, capping a long-drawn deal process marked by

political scrutiny and shareholder concerns.

(Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru;

Editing by Harikrishnan Nair)

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