Deals of the day-Mergers and acquisitions
Sept 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:
** Technology conglomerate Bending Spoons will buy video hosting platform Vimeo <VMEO.O> for about $1.38 billion in cash and take it private, the companies said.
nL3N3UX0YF
** U.S. investment firm Bain Capital has agreed to sell data centre operator WinTriX DC Group's China business to a consortium led by Guangdong Hec Technology <600673.SS> for 28 billion yuan ($3.93 billion), the companies announced.
nL2N3UX0DV
** Catastrophe MGU SageSure has confirmed The Insurer's earlier reporting that it has entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA.
nL6N3UX0LE
** British mining firm Atlas Metals Group
** Catastrophe-focused MGU SageSure has agreed to buy Gemini Financial Holdings and subsidiaries including Olympus MGA, expanding and diversifying its presence in the Florida insurance market. nL6N3UX08A
** Elliott Investment Management has built a large stake in BILL Holdings and may want the financial automation software company to pursue a sale, a person familiar with the matter said on Tuesday. nL2N3UW10V
** Magnum CEO Peter ter Kulve dismissed any talk of selling Ben & Jerry's after its co-founders called for the brand to be spun off, adding that the company was focused on reclaiming market share and volume growth as its November listing approaches. nS8N3RL070
** Top global miner BHP's focus on expanding its own copper assets while it undergoes leadership change means it is unlikely to gatecrash the planned $53 billion tie-up of Anglo American AAL.L and Canada's Teck Resources TECKb.TO, investors and bankers said. nL5N3UX019 nL3N3UW0CW
** California-based Inszone Insurance Services has entered the Oregon market with the acquisition of independent agency High Desert Insurance and Group. nL6N3UX0DL
Related Articles
Oracle Q1 FY2026 Earnings: Cloud Surge and Record RPO Fuel AI Optimism
TradingKey - Oracle Corporation (NYSE: ORCL) posted mixed Q1 FY2026 results, with total revenue and adjusted EPS slightly below consensus amid a shift to cloud services, but cloud revenue beat expectations with robust 28% growth. A massive RPO backlog of $455 billion, up 359% YoY
Will iPhone 17 Spark a New Upgrade Cycle? The Baseline iPhone Excites, But the Air Could Flop
TradingKey - After Apple’s 2025 fall launch event, Apple’s stock (AAPL) turned from gains to losses, as investors once again expressed dissatisfaction with what they saw as a lack of major innovation from the world’s top tech innovator. Analysts’ reviews suggest that the upgraded base iPhone 17
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
2025 Hottest US IPO Week: Klarna, Gemini, Figure Set for “Triple Launch”
TradingKey - 5 companies are now pricing their U.S. initial public offerings (IPOs) for the week starting September 8, with a total expected fundraising exceeding $3 billion, making it the busiest IPO week of 2025. Investors are closely watching the debut performance of Klarna, Gemini, and Figure.
