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Deals of the day-Mergers and acquisitions
Mar 10, 2026 8:15 PM

June 26 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** Shell has not bid for BP and is not actively

considering such a move, it said on Thursday, adding it was

bound by UK regulations which mean such a statement ban it from

making a bid for BP for the next six months.

** Brookfield Asset Management will sell its Australian

retirement home operator Aveo to The Living Company for A$3.85

billion ($2.5 billion), the Canadian company said.

** Spanish energy company Repsol said it has agreed to

sell a 24% stake in Indonesia's Corridor Block gas operation to

Jakarta-listed Medco Energi for $425 million.

** The European Union's Court of Justice on Thursday

rejected appeals brought by German municipalities challenging an

asset swap deal between RWE and E.ON.

** Russian food retailer Lenta said on Thursday

that it had acquired the Molniya chain of stores in the

Chelyabinsk region.

** Candy maker Mars' takeover of Pringles maker Kellanova ( K )

was cleared by U.S. antitrust regulators on Wednesday, but

their EU counterparts opened a full-scale investigation into the

$36 billion deal, saying it could lead to price hikes.

** British consumer goods company PZ Cussons said on

Thursday it would retain its self-tanning brand St. Tropez in

the U.S., after evaluating a number of offers and alternative

business models.

** Japan is driving Asia's M&A rebound in 2025 with a record

$232 billion worth of deals in the first half, and bankers

expect the trend to sustain fuelled by multi-billion dollar

take-private arrangements, outbound investments and private

equity activity.

(Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

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