Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

Fresh dog food maker Ollie has been acquired by family-owned Spanish conglomerate Agrolimen, according to a statement from Ollie viewed by Reuters, in a deal that sources say values the brand at over $600 million.

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The Indian government has received bids for sale of its stake in IDBI <IDBI.NS> bank, the country's divestment secretary said.

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Salzgitter <SZGG.DE> said it planned to buy out the co-owners of steel joint venture HKM and become the company's sole owner from mid-2026, potentially ending a spat with Thyssenkrupp <TKAG.DE> over the future of the business.

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China Evergrande Group's liquidators are considering updated offers received from certain selected bidders to buy out the developer's majority stake in its property management unit <6666.HK>, an exchange filing showed.

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Brazil's Petrobras <PETR4.SA> has purchased a 42.5% stake in an oil exploration field off the coast of Namibia, the state-run company said, seeking to tap new exploration frontiers in Africa to replenish oil reserves.

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Chevron CVX.N is one of at least two companies vying for Lukoil's LKOH.MM global assets, despite the Russian energy company's initial agreement last week to sell them to U.S. private equity firm Carlyle, four sources familiar with the conversations said.

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South Korea's LG Energy Solution <373220.KS> said it plans to buy the 49% stake held by Stellantis in their battery joint venture in Canada for the nominal amount of $100.

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Japanese brewer Kirin Holdings <2503.T> said it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million.

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Rio Tinto , has walked away from takeover talks with Glencore , ending months of negotiations over a tie-up that would have reshaped the global mining industry.

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