tradingkey.logo

Deals of the day-Mergers and acquisitions

ReutersJun 6, 2025 1:44 PM

- The following bids, mergers, acquisitions and disposals were reported by 1343 GMT on Friday:

Hub International has announced the acquisition of two agencies: Mount Vernon, Washington-based Wycoff Insurance Agency and Carlsbad, California-based Scott Held Insurance Agency.

nL6N3S90IS

Aeon Financial Service 8570.T said on Friday that its deal to buy a financial company owned by Vietnam's Southeast Asia Commercial Joint Stock Bank SSB.HM was invalid due to "inappropriate accounting transactions." nL2N3S909A

Hong Kong-based Oasis Management, a shareholder in both Toyota Motor 7203.T and Toyota Industries 6201.T, will push for the Japanese automaker to make a higher offer to take Toyota Industries private, its chief investment officer Seth Fisher said on Friday. nL2N3S907F

Bajaj Holdings and Investment BJAT.NS said that it sold a 0.65% stake in financial services firm Bajaj Finserv BJFS.NS for 20.02 billion rupees ($233.8 million) via a block deal.

nL3N3S90RC

British investment firm Rosebank Industries ROSE.L on Friday said it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International. nL3N3S90FC

Diamond giant De Beers has drawn interest from at least six consortia, including billionaire Anil Agarwal, Indian diamond firms and Qatari investment funds, sources close to the companies told Reuters. nL8N3RO1D7

Miniso Group 9896.HK said it was making a preliminary assessment on a potential spin-off listing of its pop toy business operating under the brand, "TOP TOY". nL3N3S90PO

Brazilian rail operator Rumo said it has decided to terminate a 2024 agreement to sell part of a terminal at Latin America's largest port to U.S. commodities trader Bunge and a subsidiary of Japan's Zen-Noh Group. nL2N3S815E

Brazil's Brava Energia signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo , the companies said in separate filings. nS0N3S1095

Vietnam Airlines said it has formed a joint venture with China Southern Airlines, the first such aviation partnership between the two countries. nL3N3S90B5

Newly launched sovereign wealth fund Danantara Indonesia is in early talks with GoTo GOTO.JK to get a piece of U.S.-listed rival Grab's GRAB.O potential buyout of the ride-hailing and food delivery firm, Bloomberg News reported. nL3N3S909H

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI