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Deals of the day-Mergers and acquisitions

ReutersFeb 20, 2025 10:55 AM

- The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** Hong Kong-listed Autohome 2518.HK said its controlling shareholder Yun Chen Capital Cayman has agreed to sell its 41.91% stake in the company to a unit of Haier Group Corp for $1.8 billion.

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** U.S. online real estate firm CoStar CSGP.O is preparing a A$2.7 billion ($1.72 billion) bid for Australian property classifieds firm Domain Holdings , said a person with direct knowledge of the matter.

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** Japan's Fuji Soft <9749.T> said that KKR now owns nearly 58% of the company after the second stage of a tender offer, ending a fierce battle with rival Bain Capital to take the software developer private.

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** Saudi Arabia's Aramco <2222.SE> has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a statement late on Wednesday.

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