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Deals of the day-Mergers and acquisitions

ReutersApr 4, 2025 8:02 PM

- The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

A New Zealand regulator on Friday said it was investigating Canadian billionaire James Grenon's acquisition of a stake in media firm NZME NZM.NZ, citing a "reasonable possibility" of a breach of the country's takeover rules. nL3N3QI06D

Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. nL3N3QI04X

Britain's competition regulator said on Friday it believes that remedies offered by aerospace equipment manufacturer Safran SAF.PA could resolve competition concerns relating to its acquisition of a part of aerospace business Collins. nL3N3QI0B1

UK's Serica Energy SQZ.L said on Friday Britain's Takeover Panel has allowed to push back the 'put up or shut up' deadline for its potential deal with North Sea-focused oil producer EnQuest ENQ.L to May 2. nL3N3QI0PQ

U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills said in a joint statement on Friday that their partners voted to approve a merger, creating a 2,700-lawyer firm. nL2N3QG0QH

Italian insurer Generali will not put up a fight to defend a planned asset management tie-up, if Rome's opposition stiffens once a government review of the deal starts, CEO Philippe Donnet said in a newspaper interview. nL5N3QI070

French engine and aircraft equipment maker Safran SAF.PA on Friday secured the green light from EU antitrust regulators for its $1.8 billion bid for Collins Aerospace's flight controls business after pledging to sell a North American actuator business. nL5N3QI1B8

Italy's Banco BPM BAMI.MI on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding ANIM.MI required to reap the maximum benefits from the deal. nS8N3OK0C7

President Donald Trump on Friday extended by 75 days a deadline for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a 2024 law. nL2N3QI0NE

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