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Deals of the day-Mergers and acquisitions

ReutersMar 13, 2025 8:06 PM

- The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Dutch investment fund Reggeborgh said it had taken a 3.04% stake in Dutch bank ABN Amro ABNd.AS, one of the three dominant lenders in the Netherlands, which just published better than expected quarterly results.

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BP BP.L is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future investments, with bids due in June, the energy major said in a sales document seen by Reuters.

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An Allianz-led consortium is close to winning a bid for Germany's largest life insurance administrator Viridium, being sold by financial investor Cinven in a 3.5 billion euros ($3.80 billion) deal expected to be finalised next week, two industry sources said.

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Mallinckrodt MCKPF.PK and Endo NDOI.PK, drugmakers which recently emerged from bankruptcy after a wave of U.S. opioid lawsuits, announced plans Thursday to join forces in a deal valued at $6.7 billion.

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U.S. investment firm Blackstone will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers in a deal worth 11.67 billion rupees ($134 million), the latter said .

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Spanish construction giant Ferrovial agreed to buy a 5.06% stake in motorway 407 ETR in Canada for C$2.09 billion ($1.45 billion) from Canadian rival AtkinsRealis .

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The pan-European exchange group Euronext agreed to acquire Admincontrol from Norwegian IT consulting firm Visma for 4.65 billion Norwegian crowns ($436.03 million), the company said.

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Spanish telecom company Telefonica agreed to sell its stake in its Colombian unit to Millicom for $400 million, as part of a strategy to gradually reduce its exposure to Latin America, it said on Wednesday.

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