Deals of the day-Mergers and acquisitions

ReutersApr 9, 2025 7:56 PM

April 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday:

*Investment firm Ancora Holdings on Wednesday walked away from a bitter board room fight with U.S. Steel X.N, days after President Donald Trump signalled the iconic American company might be taken over by a Japanese rival after all. nL3N3QM1TI

*Egypt will offer stakes in military-owned companies through its sovereign wealth fund, the cabinet said, seeking to meet the requirements of the International Monetary Fund to expand the private sector's role in the economy. nL2N3QN0C2

China Mobile 600941.SS said it will buy a 15.5% stake in Hong Kong-based broadband service provider HKBN 1310.HK for HK$1.20 billion ($154.64 million) through its regional unit. nL3N3QN14Q

British medical property owner REIT Assura has agreed to a 1.61 billion pound ($2.06 billion) takeover bid from KKR and Stonepeak Partners, after rejecting a lower cash-and-stock proposal from peer Primary Health Properties . nL3N3QN0M7

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

Recommended Articles

Nvidia Shares Hit Record High, Market Cap Tops $526 Trillion, How Much Higher Can It Go Amid AI Capex Boom?

TradingKey - On April 27, Eastern Time, driven by rising expectations for AI capital expenditure, Nvidia’s share price continued its rally from Friday, closing up 4% at a record high of $216.83, with its market capitalization reaching $5.26 trillion.

SEC, CFTC and White House ‘Triple Resonance,’ Can Bitcoin Break $80,000 During the CLARITY Act Window?

The SEC, CFTC, and the White House are collectively advancing the U.S. crypto regulatory environment, and Bitcoin prices are expected to further strengthen.

Microsoft 2026 Q3 Earnings Preview: Can Azure’s Growth Momentum Keep Up With Massive AI Capital Spending?

TradingKey - Microsoft (MSFT) is scheduled to release its Q3 FY2026 earnings report after the market close on April 29, ET. As one of the most proactive tech giants in advancing global AI strategies, this report is regarded as a key indicator for evaluating the large-scale monetization of AI technology and the growth resilience of its cloud business.

Marvell vs. Broadcom: Who Is the More Worthy ASIC Leading Company?

TradingKey - After the market close on April 6 (ET), Broadcom (AVGO) announced a long-term supply agreement with Google (GOOGL) through 2031 to design and supply next-generation TPUs and networking components. The company's stock surged 6.21% to $333.97 the following day. On Sunday, April 19, news e

Citi Raises Brent Crude Forecast to $150: Strait of Hormuz Risks Brew, How High Can Oil Prices Rise?

TradingKey - On April 26, Eastern Time, Citigroup raised its 2026 Brent crude oil price forecast to $150. Citing the deadlock in U.S.-Iran negotiations and the resulting persistent blockade of the Strait of Hormuz, Citi believes the situation in the Middle East has shifted from a short-term risk to a structural variable that could continuously disrupt global supply.

Featured Tools