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Deals of the day-Mergers and acquisitions

ReutersJun 11, 2025 8:00 PM

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

Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain looks to revive sales in its second-largest market. nL4N3SE0IZ

UK property investor Long Harbour has made a 631.6 million pound ($852 million) takeover proposal for Britain's PRS REIT PRSR.L at below the market price. nL4N3SE0P6


China's state-owned planemaker COMAC has proposed taking a stake in Laos' government-owned Lao Airlines, which recently started operating one of COMAC's C909 regional jets, the state-run Vientiane Times reported .nL8N3SE0L4

UniCredit CRDI.MI CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank CBKG.DE had become too pricey and Italy was effectively blocking a takeover of Banco BPM BAMI.MI. nL8N3SE0J6

Norway's sovereign wealth fund Norges Bank and Italian asset manager Banca Mediolanum BMED.MI on Wednesday joined a group of Mediobanca MDBI.MI shareholders supporting its bid for private bank Banca Generali. nL8N3SE0IV

Danish hearing solutions provider Demant DEMANT.CO will buy Germany's Kind Group for 700 million euros ($799 million), it said on Wednesday, marking the company's largest acquisition to date and sending its shares up 5%. nL8N3SE0FL

General Mills GIS.N is considering selling its Haagen-Dazs ice-cream stores in China, Bloomberg News reported on Wednesday, citing people familiar with the matter. nL4N3SE146

British software firm Craneware said it has rejected a takeover proposal from U.S. private equity firm Bain Capital, stating that the 26.50 pounds-per-share proposal undervalued the company.nL4N3SE0HN

Private equity firms KKR and Stonepeak Partners raised their offer for Britain's Assura to almost 1.7 billion pounds ($2.3 billion), topping a rival bid with their "best and final" offer for the healthcare real estate investor. nL6N3SE0B6

UK's GlobalData said it has ended talks with private equity firm ICG , which had been exploring an acquisition of the data analytics firm. nL6N3SE0BB

Canada-based WSP Global said it would acquire British environmental and engineering consulting firm Ricardo for about 363.1 million pounds ($489.6 million), including debt. nL4N3SE0FO

Embattled German trading group BayWa has sold its grain and oilseed trading unit Cefetra to Dutch company PGFO for about 125 million euros ($143 million), as part of an effort to cut its debt burden, it said on Tuesday. nL4N3SD1B8

Britain's Reckitt RKT.L is talking exclusively to private equity firm Advent International over a sale of the consumer goods group's Essential Home business, two sources with direct knowledge of the matter told Reuters. nL8N3SE0WJ

Apollo Global Management APO.N and Irth Capital Management have approached Papa John's International PZZA.O for a deal that would take the U.S. pizza chain private, two people familiar with the matter said on Wednesday. nL1N3SE0R1

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