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Deals of the day-Mergers and acquisitions

ReutersJul 25, 2025 1:38 PM

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

Spanish telecom giant Telefonica <TEF.MC> is in exclusive talks to sell its Mexican business to Beyond ONE, the owner of Virgin Mobile Mexico, three sources with knowledge of the negotiations said. nL6N3TK0QO

Russian e-commerce company Ozon said that businessman Alexander Chachava had acquired a 27.7% stake in the company from Vostok Investments. nL8N3TM19I

Italian food and beverage manufacturer NewPrinces NWLF.MI said on Friday it would consider other acquisitions, if the opportunity arises, after buying Carrefour's CARR.PA loss-making business in Italy. nS8N3Q80B2

British lender Close Brothers CBRO.L said it has agreed to sell Winterflood Securities to financial services company Marex Group for approximately 103.9 million pounds ($140.20 million) in cash. nL4N3TM0DA

Pinnacle Financial Partners PNFP.O and Synovus Financial SNV.N have agreed to merge in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States with over $115 billion in combined assets. nL4N3TL28E

French-Italian chipmaker STMicroelectronics STMPA.PA said on Thursday it would acquire part of NXP Semiconductors' NXPI.O sensor unit for up to $950 million in cash. nL4N3TL2DQ

The $8.4 billion merger between Paramount Global PARA.O and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump. nL6N3TL106

Testing and inspection group SGS SGSN.S extended its string of acquisitions with three new companies on Friday, as its half-year revenue grew 5.3% organically and met market expectations.nL8N3TM03A

CK Hutchison's 0001.HK plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended. nL4N3TL0YV

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