Deals of the day-Mergers and acquisitions

Reuters
2025/06/16
Deals of the day-Mergers and acquisitions

June 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0940 GMT on Monday:

** Defence equipment firm Scandinavian Astor Group said it has agreed to buy ammunition maker Ammunity in Latvia for 3 million euros ($3.5 million). nL8N3SJ0CR

** Australia's second-largest gas producer Santos <STO.AX> said it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company $(ADNOC.AU)$, which wants to grow a global gas business.nL1N3SI097

** Australia's Bega Cheese BGA.AX said on Monday it plans to seek informal regulatory approval for the acquisition of peer Fonterra's FCG.NZ Oceania business, even as the latter said it aims to sell its global consumer and integrated businesses, including Oceania and Sri Lanka, as a whole. nL4N3SJ0AR

** Private equity funds, including Carlyle CG.O and Triton, are weighing bids for Germany-based industrial equipment maker REMA Tip Top, which is exploring a possible sale, three people familiar with the matter said. nL8N3SF1JG

(Compiled by Rajarshi Roy and Sriparna Roy in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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