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Deals of the day-Mergers and acquisitions

ReutersJun 2, 2025 8:12 PM

- The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Monday:

Herbert Smith Freehills and Kramer Levin have finalized the merger, combining to form a 2,700-lawyer firm with over $2 billion in revenue. nL1N3RU0U8

Toyota Industries 6201.T is expected to accept $42 billion takeover bid by Toyota Motor Corp 7203.T and other group companies. nL3N3S511B

Oilfield equipment maker Cactus <WHD.N> said it would purchase a 65% interest in Baker Hughes' > surface pressure control business for $344.5 million. nL3N3S50V5

Markel Insurance has completed its acquisition of marine-focused managing general agent Meco Group, the company said.

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France's Sanofi has agreed to buy U.S.-based Blueprint Medicines for up to $9.5 billion to boost its position in rare immunology diseases, in the biggest deal struck by a European healthcare company so far this year, according to LSEG data.

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British investment firm Rosebank Industries <ROSE.L> said it has restarted talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for under $1.9 billion. nL3N3S50GG

The French state has made a 410 million euros ($466.33 million) confirmatory offer to buy part of the former Advanced Computing business of tech company Atos , said Atos. nL2N3S504W

Australian investment firm Washington H Soul Pattinson will buy out its building products affiliate Brickworks creating a new company worth A$14 billion ($9.03 billion), the companies said. nL2N3S408N

Frankfurt-listed IT services provider Datagroup SE said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to 58 euros ($65.84) per share. nL3N3S404N

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