Deals of the day: Mergers and acquisitions

MRVL•2026-10-29

Carlyle and the EBRD agreed to sell Black Sea Oil & Gas to Mazarine for an undisclosed sum. Marvell Technology is in advanced talks to buy Lumentum Holdings, with an announcement potentially coming as soon as next week, a source familiar with the matter said.

1. Romanian energy sale

Carlyle and the European Bank for Reconstruction and Development have agreed to sell Romanian energy company Black Sea Oil & Gas to Dutch firm Mazarine. Carlyle did not disclose the sum.

2. Marvell-Lumentum talks

Marvell Technology is in advanced talks to buy data-center optics maker Lumentum Holdings, with a deal potentially set to be announced as soon as next week, a source familiar with the matter told Reuters.

Deals of the day: Mergers and acquisitions

1. Romanian energy sale

2. Marvell-Lumentum talks

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