financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Sep 30, 2025 3:09 AM

Sept 30 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Japan's Nippon Steel ( NISTF ) reported it had bought a

30% stake in Canada's Kami iron ore project, forming a joint

venture with Australia's Champion Iron ( CIAFF ) and Sojitz ( SZHFF )

to secure high-grade ore supplies for direct reduced

iron.

** TKMS, the defence business that German conglomerate

Thyssenkrupp aims to spin off this autumn, plans to raise its

profit margin to more than 7% to close a gap with rivals,

banking on soaring military demand amid fears of Russian

aggression.

** Australian natural gas producer Tamboran Resources ( TBN )

has inked an agreement to acquire Irish oil and gas

firm Falcon Oil & Gas ( FOLGF ) in a cash-plus-stock deal valued at

C$239 million ($171.81 million), the two companies

reported.

** Cosmetics maker Coty ( COTY ) has launched a strategic

review of its consumer beauty business, it said, as it plans to

focus on the more profitable fragrances unit.

** Australia's Seven West Media said it would merge

with Southern Cross Media to create a A$417 million

($273.97 million) metropolitan and regional media group to

better compete with global streaming platforms.

** Turkish Airlines and Bahrain's flag-carrier

Gulf Air have signed a memorandum of understanding to boost

cooperation, Turkey's flag-carrier said, adding the accord aimed

to drive mutual growth and business development.

** Kuwait has started accepting bids for a three-part U.S.

dollar-denominated bond offering with 3-year, 5-year and 10-year

maturities, fixed income news service IFR reported.

** Vopak has entered into an exclusive agreement

with shipping firm Seapeak to provide a floating and

regasification unit for its liquefied natural gas import

terminal project in Australia, the Dutch tank storage firm

reported.

(Compiled by Dharna Bafna in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
As Klarna readies IPO, five charts mapping BNPL use
As Klarna readies IPO, five charts mapping BNPL use
Sep 10, 2025
(Reuters) -The long-awaited New York listing of Stockholm-based buy now, pay later (BNPL) giant Klarna on Wednesday has once again shone a spotlight on the installment plans which have ballooned in popularity among U.S. shoppers in recent years. BNPL exploded as the COVID-19 pandemic forced more shoppers online, driving $82.4 billion in online spending in 2024, up 9.9% from 2023,...
GRAPHIC-As Klarna readies IPO, five charts mapping BNPL use
GRAPHIC-As Klarna readies IPO, five charts mapping BNPL use
Sep 10, 2025
Sept 10 (Reuters) - The long-awaited New York listing of Stockholm-based buy now, pay later (BNPL) giant Klarna ( KLAR ) on Wednesday has once again shone a spotlight on the installment plans which have ballooned in popularity among U.S. shoppers in recent years. BNPL exploded as the COVID-19 pandemic forced more shoppers online, driving $82.4 billion in online spending...
Wall Street's record rise spurs growth of covered call strategies
Wall Street's record rise spurs growth of covered call strategies
Sep 10, 2025
* With stocks near record highs, investors see opportunity to diversify concentrated positions * Use of covered calls gain traction to hedge the risk, provide income and manage tax liabilities * An estimated $15 tln in stock holdings ripe for covered call strategies By Laura Matthews NEW YORK, Sept 10 (Reuters) - For investors with portfolios of individual company stocks,...
Form 8.3 - Greencore Group PLC
Form 8.3 - Greencore Group PLC
Sep 10, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved