Deals of the day-Mergers and acquisitions

** Tilray Brands Inc TLRY.O said on Monday it would buy Canadian cannabis company Hexo Corp HEXO.TO for $56 million, which would cement the pot producer's top position in Canada in terms of market share.
** Pioneer Natural Resources Co's PXD.N shares rose as much as 8.5% on Monday following a report that Exxon Mobil Corp XOM.N held preliminary talks with the U.S. shale oil producer about a possible acquisition.
** Companies led by Indian billionaires Gautam Adani and Mukesh Ambani, a British retailer and global asset reconstruction firms are among the 49 entities in the fray to acquire Future Retail Ltd , the debt-laden Indian retailer said.
** Canada's Teck Resources on Monday reinforced its rejection of an unsolicited $22.5 billion bid from Glencore GLEN.L, saying the implied value was "an illusion" and telling shareholders its restructuring plan was the only viable option.
** Sunday Natural, an online retailer that makes nutrition products including vitamins and food supplements, is exploring options including a possible sale, according to people familiar with the matter.
** Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies' Middle East subsidiary, in a transaction valued at $400 million, e& said in a filing.
** Singapore-based sovereign wealth fund Temasek said it is acquiring an additional 41% stake in India's Manipal Health Enterprises from investors including TPG, boosting its stake in one of the country's largest hospital chains to 59%.
** Canadian entrepreneur Pierre Lassonde is planning to buy a blocking stake in Elk Valley Resources, the steel-making coal unit to be spun off by Teck Resources Ltd , the Globe and Mail reported.
** UBS's multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday.
** Exxon Mobil Corp has held preliminary talks with Pioneer Natural Resources Co about a possible acquisition of the U.S. shale oil producer, the Wall Street Journal reported on Friday, citing people familiar with the matter.
** Italy's biggest utility Enel said on Friday it agreed to sell its equity stakes in two Peruvian assets for $2.9 billion to China Southern Power Grid International (CSGI).
** Paramount Global is exploring the sale of a majority stake in Noggin, its online learning service for children, the Wall Street Journal reported on Friday, citing people familiar with the situation. (Compiled by Rajarshi Roy, Anne Florentyna Gnanaraja Sekar and Jaiveer Singh Shekhawat in Bengaluru)