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Deals of the day-Mergers and acquisitions

ReutersJul 9, 2025 9:47 AM

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** Merck is nearing a $10 billion deal to buy lung diseases focussed Verona Pharma , as the U.S. drugmaker is eyeing deals to offset the upcoming patent expiry of its blockbuster cancer drug, the Financial Times reported.

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** Uniper said it would sell its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA, as the German utility fulfills one of the conditions of a government bailout it received in 2022.

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** Italy's Leonardo has agreed to buy Sweden's Axiomatics, a source told Reuters , marking a further step in the company's efforts to expand its cybersecurity business.

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** Tokio Marine Group's corporate member, Tokio Marine Underwriting Limited (TMUL), has launched an offer to buy out Names capacity on Syndicate 510, three senior market sources told The Insurer.

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** Parcel locker firm InPost has acquired Spanish delivery company Sending to enhance its presence in the Iberian Peninsula and integrate the 24-hour door-to-door delivery service previously provided by Sending, it said.

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** Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica , a source told Reuters on Tuesday, amid growing consumer interest in AI-powered wearable devices.

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