tradingkey.logo

Deals of the day-Mergers and acquisitions

ReutersFeb 27, 2025 9:11 PM

Adds: Arthur J Gallagher, NFP, Prada, Greek Alpha Bank and Monte dei Paschi

- The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** Italian tycoon Francesco Gaetano Caltagirone has increased his stake in Banca Monte dei Paschi (MPS) BMPS.MI to 8%, Italian daily La Stampa reported on its website.

nL5N3PI2Z5

** Greek Alpha Bank Services and Holdings ACBr.AT said it has reached a binding agreement to buy small Cypriot bank AstroBank for about 200 million euros.

nL2N3PI173

** Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group Prada 1913.F, said.

nL5N3PI1XS

** Aon-owned NFP has acquired Lyons Insurance Agency, a multidisciplinary insurance broker located in Wilmington, Delaware.

nL6N3PI0OH

** Arthur J Gallagher has acquired São Paulo, Brazil-based Case Group, an employee and health benefits brokerage and consulting firm.

nL6N3PI0NB

** Medical device maker Teleflex TFX.N said it would buy Germany-based Biotronik's blood vessel device unit for about 760 million euros ($796.3 million) in cash.

nL3N3PI10D

** Australia approved Qatar Airways buying a 25% stake in Virgin Australia IPO-VIR.AX from U.S. private equity firm Bain Capital, posing a challenge for national flag carrier Qantas that has long dominated Australian air routes.

nL3N3PH1SI

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

Tradingkey
KeyAI