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Marvell agreed an all-stock $115 billion acquisition of Lumentum at a 23.9 percent premium, creating an AI connectivity leader targeting a $550 billion addressable market.

Pan-African conglomerate Amsons Group has agreed to buy Geneva-based Oryx Energies' Tanzanian downstream oil business for more than $230 million, taking on retail stations, storage terminals and a stake in TIPER operations.