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Deals of the day-Mergers and acquisitions

ReutersJul 21, 2025 2:44 PM

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

BitGo, a provider of trust and security services for digital assets, said on Monday it has confidentially filed for a U.S. listing, as crypto firms race to capitalize on renewed market momentum. nL4N3TI0YS

Titan Company <TITN.NS> will buy a 67% stake in Dubai-based luxury brand Damas from Qatar's Mannai Corporation <MCCS.QA> at an enterprise value of 1.04 billion dirham ($283.2 million), potentially making it one of the largest Indian jewellers in the Middle East. nL4N3TI0R4

Norwegian online classifieds group Adevinta said it had sold its Spanish business to Swedish private equity firm EQT <EQTAB.ST>, to focus more on the rest of its European units for an undisclosed amount. nL8N3TI0NL

German forklift truck maker Jungheinrich <JUNG_p.DE> said it had agreed to sell its Russian unit to a Russian financial investor and asset manager, and was cutting its full-year profit forecast as a result. nL8N3TI0J3

Financial software provider SS&C Technologies <SSNC.O> said it will acquire Carlyle's CG.O British fund network and data business Calastone for about 766 million pounds ($1.03 billion). nL4N3TI0IE

London-based private equity firm Apax Partners has agreed to acquire Guernsey-based investment company Apax Global Alpha APAX.L for about 916.5 million euros ($1.07 billion). nL4N3TI11S

Cross-border payments provider IFX Payments said that it is considering withdrawing its takeover offer for Argentex , just days after the British currency risk management company appointed administrators due to a funding shortfall. nL4N3TI0CT

Emirati conglomerate Al-Futtaim is to buy a 49.95% stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than 2.5 billion riyals ($667 million), Cenomi Retail said in a statement on Sunday. nL1N3TH02V

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