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Deals of the day-Mergers and acquisitions

ReutersMay 12, 2025 8:07 PM

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

*U.S.-based StoneX Group SNEX.O said it has agreed to acquire French grain brokerage Plantureux et Associes as it seeks to expand in agricultural commodity markets in Europe. nL8N3RK22P

*Swiss electrical engineering giant ABB ABBN.S has received authorization to sell its Russian business, Interfax agency said, citing an executive order by Russian President Vladimir Putin. nFWN3RK23K

*A unit of state-owned China Minmetals plans to invest $300 million to take control of Australian potash miner Highfield Resources HFR.AX, aiming to expand its reach into potash projects in Canada and Spain, coal miner Yankuang Energy 600188.SS said. nL4N3RK0QY

China's Ant Group will sell a 4% stake in Indian payments firm Paytm for $242 million, a term sheet seen by Reuters showed. nL4N3RK0YL

Danone 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. nL6N3RK0GT

Billionaire Rodolphe Saade's family holding Merit France has acquired a 20% stake in French cinema chain Pathe for an undisclosed amount, privately owned Pathe said. nL4N3RK0V4

Japan's Sumitomo Metal Mining (SMM) <5713.T> said it has agreed to buy a 30% stake in the Winu copper-gold project in Western Australia from Rio Tinto , . nL1N3RK0BE

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

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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