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Deals of the day-Mergers and acquisitions

ReutersApr 11, 2025 7:46 PM

- The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Friday:

* Abu Dhabi state oil company ADNOC is in the early stages of considering a bid for investment firm Aethon Energy Management's U.S. natural gas assets, according to a person familiar with the matter.

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German steel producer Salzgitter SZGG.DE has ended talks with a bidding consortium on a possible takeover, it said, citing differing views on the company's current and future value.

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Italian energy group Eni ENI.MI said it completed the sale of an additional 5% stake in Enilive to U.S. fund KKR, bringing the total proceeds from the disposal of two minority stakes in its biofuel unit to 3.6 billion euros ($4.1 billion). nL5N3QP135

Goldman Sachs-backed broker consolidator Clear Group has acquired London-based broker Moore Robinson Limited. nL6N3QP0I5

Volkswagen's VOWG.DE truckmaker Scania said it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price. nL5N3QO1X9

Arthur J Gallagher has completed the previously disclosed $1.2 billion acquisition of San Francisco, California-based Woodruff Sawyer. nL6N3QO12F

Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings CPRI.N on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues. nL5N3QO18T

Totalis Program Underwriters has added private security and alarm industry-focused Brownyard MacLean Security Insurance Services to its roster of MGUs. nL6N3QO0TS

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