
Deals of the day-Mergers and acquisitions

On Nov 6, several significant mergers and acquisitions were reported. Turkish Airlines is set to acquire a 25% stake in Air Europa. State Bank of India plans to sell a 6.3% stake in SBI Funds Management via IPO. KKR & Co and Singapore Telecommunications are in talks to buy ST Telemedia Global Data Centres for over $3.9 billion. Mahindra & Mahindra sold its 3.5% stake in RBL Bank for $77.1 million. Qatar Airways is selling its stake in Cathay Pacific for $897 million. Nissan sold its headquarters for $643 million. Charles Schwab is expected to acquire Forge Global for up to $600 million. Pfizer is increasing its offer for Metsera, and Doxa acquired American Hole ‘n One. MFE is negotiating to buy a stake in Impresa.
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