Sumitomo Chemical India Ltd.NSE: SUMICHEM

Mergers and acquisitions

· TradingView

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Porsche SE XETR:PAH3, Volkswagen's biggest shareholder, is considering investing in the carmaker's Everllence diesel engine division that has been put up for sale, the Financial Times reported, citing people familiar with the matter.

** Italian tech company Bending Spoons said on Wednesday it will acquire AOL from Yahoo, which is backed by Apollo Global Management NYSE:APO, adding a storied internet brand to its growing portfolio of digital businesses.

** Anglo American's LSE:AAL plan to sell its nickel operations in Brazil to a unit of Hong Kong-listed MMG HKEX:1208 faces a full-scale EU antitrust investigation after regulators rejected the companies' remedy offer, a person with direct knowledge of the matter said on Wednesday.

** Hitachi Energy has acquired a minority stake in Shermco, a U.S. electrical services company recently bought by Blackstone NYSE:BX, Hitachi Energy told Reuters on Wednesday, in a deal aimed at creating the largest grid services provider in North America.

** Egypt's Kemet Industries Group signed a memorandum of understanding with Emirati-Chinese Al Qalaa Red Flag group to build three industrial projects in Suez Canal Economic Zone's Ain Sokhna Industrial Zone, SCZONE said in a statement on Wednesday.

** Thermo Fisher NYSE:TMO said it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S.

** Investment banking giant Morgan Stanley NYSE:MS said it will buy private shares platform EquityZen, as Wall Street races to meet growing investor demand for stakes in fast‑growing startups.

** Jamf said that private equity firm Francisco Partners has agreed to take the device management software maker private in an all-cash deal valued at $2.2 billion, sending its shares up over 15% in premarket trading.

** Japan's Sumitomo Corp <8053.T> said it would spend about 881.7 billion yen ($5.85 billion) to turn SCSK <9719.T>, an IT service company, into a wholly owned subsidiary.

** Japanese technology group NEC <6701.T> will pay about $2.89 billion to acquire U.S.-based telecoms and broadband software company CSG Systems , it said.

** Chinese private equity firm Boyu Capital has emerged as the frontrunner to buy a controlling stake in Starbucks' China business in a deal that could value the unit at more than $4 billion, Bloomberg News said on Tuesday.

** Argentina's state-run oil company YPF BCBA:YPDCB said on Tuesday it has acquired the remaining 50% stake in Refinor from Hidrocarburos del Norte for $25.2 million.

** Nvidia will pay $1 billion for a stake of 2.9% in Nokia as part of a deal focused on AI and data centers, the Finnish telecom equipment maker said on Tuesday as its shares hit their highest level in nearly a decade.