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Deals of the day-Mergers and acquisitions

ReutersApr 15, 2025 9:42 AM

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** British consumer healthcare group Haleon HLN.L said it has gained complete ownership of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang's 600329.SS 12% stake for about 1.62 billion yuan ($221.4 million).

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** British financier Edi Truell may be willing to offer 132.17 pence a share to buy De La Rue DLAR.L, Sky News reported, after the banknote printer recommended a 130 pence per share deal by U.S. buyout firm Atlas Holdings.

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** Applied Materials AMAT.O has bought a 9% stake in BE Semiconductor industries (BESI) BESI.AS, the U.S.-based computer chip equipment supplier said on Monday.

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** U.S. chipmaker Onsemi ON.O scrapped its $6.9 billion offer for smaller rival Allegro MicroSystems ALGM.O on Monday, ending a months-long pursuit that sought to capitalize on a market downturn to boost its footprint in the automotive industry.

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** Canadian power producer Capital Power Corp CPX.TO said on Monday it would buy two natural-gas fired power plant operators located in the PJM market for about $2.2 billion.

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** U.S. home improvement retailer Lowe's Cos LOW.N said on Monday it has agreed to buy Artisan Design Group for $1.33 billion from private equity firm Sterling Group.

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