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Deals of the day-Mergers and acquisitions
Nov 3, 2025 7:01 AM

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

acquisitions and disposals were reported by 1430 GMT on Monday:

** Millennium Management has sold a 15% stake to a group that

included some of its largest institutional investors, according

to an internal email seen by Reuters.

** Kleenex maker Kimberly-Clark ( KMB ) said it will buy Kenvue ( KVUE )

for more than $40 billion in a landmark deal for the

consumer sector, as the Tylenol maker grapples with White House

scrutiny and choppy demand.

** Eaton will acquire Boyd Corp's thermal business from

Goldman Sachs Asset Management for $9.5 billion, the fourth deal

this year for the power management firm seeking to bolster its

data center segment to cater to AI demand surge.

** Vertiv Holdings ( VRT ) said it would acquire HVAC services

firm PurgeRite Intermediate for about $1 billion, as the data

center power equipment maker seeks to expand its liquid cooling

services portfolio.

** SM Energy ( SM ) and Civitas Resources ( CIVI ) said they

will merge in a deal valued at about $12.8 billion, including

debt, creating one of the largest independent U.S. oil producers

that will hold a dominant position in the Permian Basin.

** The world's largest refiner by capacity, Sinopec Group

, is in talks to buy the country's dominant jet fuel

distributor, China National Aviation Fuel Group (CNAF) in a

government-initiated move, Bloomberg News reported .

** BP has agreed to sell minority stakes in some of its

U.S. onshore pipeline assets in the Permian and Eagle Ford

basins to investment firm Sixth Street for $1.5 billion, it

said.

** Fintech firm CompoSecure ( CMPO ), backed by former Honeywell

CEO David Cote, is set to buy Husky Technologies from Platinum

Equity for roughly $5 billion including debt, the Wall Street

Journal reported.

** British advertising group M&C Saatchi rejected an

unsolicited 50 million pound ($67.1 million) bid for its media

division from rival Brave Bison, saying the offer

"fundamentally undervalues" the business.

** Philadelphia Insurance Companies has acquired the collector

vehicle division from Carlyle-backed Ignyte

Insurance.

(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)

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