Deals of the day-Mergers and acquisitions
ReutersMay 12, 2025 11:08 AM
May 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:
Spanish defence company Indra IDR.MC sent a non-binding offer for Italian group Iveco's IVG.MC defence business, newspaper El Economista reported, citing unidentified market sources. nL1N3RK056
Danone DANO.PA said it has agreed to buy a majority stake in Kate Farms, a U.S. maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio. nL1N3RJ07L
Canadian miner Pan American Silver PAAS.TO will acquire MAG Silver Corp MAG.TO in a transaction which values the silver mining company at about $2.1 billion, the companies said on Sunday. nL4N3RK05D
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