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Deals of the day-Mergers and acquisitions

ReutersMar 5, 2025 2:57 PM

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

Jazz Pharmaceuticals < JAZZ.O> will acquire biotech firm Chimerix > for about $935 million in cash to gain access to its lead drug candidate to treat a rare brain tumor, the companies said.

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Australian lender Commonwealth Bank of Australia said it has sold its remaining 4.4% stake in Vietnam International Commercial Joint Stock Bank , marking its full exit from the Vietnamese lender.

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Swedish grocery retailer ICA Gruppen said it would sell its Baltic subsidiary to Denmark's biggest supermarket operator Salling Group in a deal worth 1.3 billion euros ($1.38 billion), excluding debt.

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Nvidia-backed CoreWeave said on Tuesday it is acquiring AI developer platform Weights & Biases, as the company seeks to extend its cloud platform ahead of its IPO.

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Japan's Trial Holdings 141A.T said it would spend 382.6 billion yen ($2.55 billion) to acquire the Seiyu supermarket chain controlled by U.S. private equity fund KKR .

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Arthur J. Gallagher said on Tuesday it would acquire rival Woodruff Sawyer in a $1.2 billion deal, marking the insurance broker's latest move to expand its business.

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