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Deals of the day-Mergers and acquisitions

ReutersMay 14, 2025 9:47 AM

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

Thai business magnate Charoen Sirivadhanabhakdi's Frasers Property FRPL.SI made a second attempt to take complete control of Frasers Hospitality Trust FRHO.SI in a deal valuing the REIT at S$1.37 billion ($1.1 billion). nL4N3RM0BI

TotalEnergies TTEF.PA has signed an agreement with Norwegian investment company HitecVision to sell 50% of Polish biogas producer Polska Grupa Biogazowa, the French oil major said. nFWN3RM02D

Australia's Insignia Financial IFL.AX said that Bain Capital has pulled its buyout offer due to volatile financial markets, but the money manager added it was still in talks with another suitor, investment manager CC Capital. nL4N3RL27D

GSK GSK.L will buy efimosfermin, a liver disease drug in late-stage trials, for up to $2 billion from U.S. biotechnology firm Boston Pharmaceuticals, the British drugmaker said. nL4N3RM0I5

MFE-MediaForEurope MFEB.MI, the TV broadcaster controlled by Italy's Berlusconi family, is considering raising its offer for Germany's ProSiebenSat.1 PSMGn.DE, a source close to the matter said. nL8N3RM0AU

Private equity firm GTCR has signed a definitive agreement to acquire UK insurance broker JMG Group, in partnership with existing investor Synova. nL6N3RL0SA

Samsung Electronics 005930.KS said it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centres used for artificial intelligence projects. nL1N3RL1GF

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