Vodafone's (NASDAQ:VOD) ADRs surged 1.5% amidst heightened takeover rumors, with speculation suggesting potential involvement from Goldman Sachs and Jefferies, while the buyer's identity, possibly US or European, remains undisclosed.

The Biden administration is scrutinizing Nippon Steel's connections to China amid its bid to acquire US Steel, potentially complicating the deal due to concerns about increased access to U.S. markets for Chinese steel and environmental groups' fears regarding climate change setbacks.

Enterprise Products Partners (NYSE: EPD) acquired Whitethorn Pipeline Company and Enterprise EF78, along with Western Midstream Partners' (WES) interests, for $375M in cash, gaining full ownership of assets including a crude oil pipeline and natural gas liquids fractionators, and agreeing to acquire Western Midstream's (WES) 15% interest in Panola Pipeline Company for $25M.

Sanofi's ADRs surged 3.2% on news of private equity interest in its consumer health unit, potentially valued at $20 billion, amid plans for a separation announced in late October.