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Deals of the day-Mergers and acquisitions

ReutersDec 30, 2025 8:50 PM

- The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

*Nvidia NVDA.O is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported.nL8N3Y00SH

Warner Bros Discovery WBD.O is expected to reject Paramount Skydance's PSKY.O amended $108.4 billion hostile bid, CNBC reported on Tuesday, despite billionaire Larry Ellison backing the media giant's offer with a personal guarantee. nL4N3Y00NQ

Inszone Insurance Services announced its acquisition of California-based agency Shahinian Insurance Services. nL6N3Y00EA

Meta META.O said it would acquire Chinese-founded artificial intelligence startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms. nL4N3Y002F

Global investment firm KKR KKR.N and its affiliated Korean asset manager, Kreate Asset Management, said they have purchased Cheongna Logistics Center, in what they called South Korea's largest single-asset logistics deal. nL4N3Y003W

Citigroup C.N said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in a deal that will lead to a pre-tax loss of about $1.2 billion that is largely related to currency translation. nL4N3Y0041

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