tradingkey.logo

Deals of the day-Mergers and acquisitions

ReutersFeb 13, 2025 2:50 PM

Adds: Vouch, Steven Madden, Renewi Updates: PFR

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

Startup-focused insurtech Vouch has sealed a first close on an Allegis Capital-led Series D funding round and also signed a definitive agreement to acquire small business MGA StartSure.

nL6N3P40JA

Shoe designer Steven Madden <SHOO.O> said it would buy UK-based luxury brand Kurt Geiger in an all-cash deal valued at 289 million pounds ($360.09 million), expanding its presence in international markets.

nL4N3P415E

Polish state-owned fund PFR has dropped its plan to bid for Spanish train manufacturer Talgo <TLGO.MC> after the Spanish government opposed the move, Expansion newspaper reported, citing unnamed market sources.

nL1N3P40JA

Waste management firm Renewi <RWI.L> and Australia's Macquarie <MQG.AX> have reached an agreement on the terms of an offer to buy the British firm for about 707 million pounds ($880.92 million), the companies said.

nL4N3P415L

AsiaPak Investments, a private investment firm with operational assets in Pakistan and Hong Kong, and Middle Eastern oil and gas company Motange Oil have submitted a bid to acquire a 75.01% stake in Lotte Chemical Pakistan Ltd (LOTT.PSX), according to a notice filed by Arif Habib Ltd (ARIF.PSX), the manager to the offer, with the Pakistan Stock Exchange.

nFWN3P40NO

Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar with the matter told Reuters.

nL8N3OZ000

Buyout firm Warburg Pincus has clinched a deal to acquire Vermont Information Processing, which makes software for beverage distributors, for about $1 billion including debt, according to people familiar with the matter.

nL6N3P210W

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI