The Defence Ministry approved the procurement of military equipment worth Rs 84,560 crore, including new planes, radar systems, torpedoes, and anti-armour munition, to enhance the combat capabilities of the Armed Forces and strengthen maritime surveillance and air defence capabilities.

The delay in FTC approval for Occidental Petroleum's acquisition of CrownRock has pushed the deal's closure to the second half of the year, impacting asset sales and buyback plans, though Occidental's Q4 results exceeded expectations, leading to a 4.9% stock increase.

Manchester United's (NYSE: MANU) stock fluctuated as billionaire Jim Ratcliffe's tender offer was extended until Friday, resulting in an initial 8.7% rise on Tuesday and a subsequent 13% slump as Wednesday marked the last day for investors to participate in the offer, amidst approvals from the Premier League and the Football Association for Ratcliffe's purchase of a 25% stake in the club at $33 a share.

Penn Entertainment (NASDAQ:PENN) is acquiring Wynn Interactive Holdings' mobile sports wagering licenses for $25M, providing access to the New York sports wagering market. Pending regulatory approval, Penn will launch its online betting product, ESPN BET, in New York this year. Despite the potential benefits, PENN shares fell by 4%, while WYNN shares dropped by 2.8% on Monday.