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Deals of the day-Mergers and acquisitions

ReutersFeb 4, 2026 2:54 PM

- The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:

Biotech firm PrimeGen US will go public in the United States through a $1.5 billion deal with blank-check company DT Cloud Star Acquisition DTSQ.O, the companies said. nL4N3Z01EU

Indian consumer firm Marico MRCO.NS said that it will buy a 60% stake in homegrown brand Cosmix Wellness for 2.26 billion rupees ($25 million), as it bets on growing protein demand in the country. nL4N3Z018E

Live Nation Entertainment LYV.N said it had agreed to buy Italy-based venue operator ForumNet from holding firm Bastogi BTGI.MI, strengthening its presence in Italy's live entertainment market. nL8N3Z01AH

Texas Instruments TXN.O agreed to buy Silicon Laboratories SLAB.O in a deal valuing the chip designer at $7.5 billion, to expand its footprint in wireless connectivity chips used for industrial and consumer applications. nL4N3Z014D

Persil-owner Henkel HNKG.DE said it had agreed to buy speciality coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl Group, which is majority owned by French private equity firm Wendel MWDP.PA. nL6N3Z00HM

A KKR KKR.N and Singapore Telecommunications STEL.SI consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said, in an intensifying race for AI capacity. nL4N3YZ2RJ

UK speciality insurer Beazley BEZG.L would recommend a sweetened 8 billion pound ($10.97 billion) takeover by Zurich Insurance ZURN.S once the Swiss firm makes a firm offer, it said after rejecting previous multiple bids. nL6N3Z00G7

Spain's Santander SAN.MC will buy U.S. regional lender Webster Financial WBS.N in a $12.2 billion deal to create one of the country's top-10 retail and commercial banks, the company said, marking a major bet on the U.S. market. nL4N3YZ20F

Shell SHEL.L has agreed to sell a 20% stake in its Orca project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC), the oil major said. nL6N3YZ0ZT

Glencore GLEN.L is in talks to sell a 40% stake in its copper and cobalt operations in the Democratic Republic of Congo to a U.S.-backed consortium in a deal valuing the assets at about $9 billion including debt, it said. nL6N3YZ11M

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