tradingkey.logo

Deals of the day-Mergers and acquisitions

ReutersJun 12, 2025 3:02 PM

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around 7 billion euros ($8.14 billion), Portuguese economic news outlet ECO said. nL8N3SF0XG

The Baldwin Group subsidiary Westwood Insurance Agency has entered an agreement to acquire Hippo's homebuilder distribution network, the company said. nL6N3SF0IA

German biotech firm BioNTech <22UAy.DE> has agreed to acquire domestic peer CureVac <5CV.DE> for about $1.25 billion worth of BioNTech shares, it said, to boost its work on new mRNA-based cancer treatments. nL8N3SF0MG

India's Reliance Industries <RELI.NS> said it sold a stake worth 77.04 billion rupees ($900.8 million) in Asian Paints <ASPN.NS>. nL4N3SF0NR

Investment firm Gordon Brothers has acquired Pepco Group's struggling Poundland business for a nominal value and will invest up to 80 million pounds ($108.5 million) to help fuel its turnaround, the companies said. nL6N3SF0BM

A unit of Credit Agricole has agreed to buy Petits-Fils, the leading provider of at-home services for seniors in France, from Clariane , it said. nTUABYKXKT

Dana will sell its off-highway business to Allison Transmission for $2.7 billion, the auto parts makers said on Wednesday. nL4N3SE1CK

An Italian court rejected an appeal by Banco BPM BAMI.MI which had challenged the suspension of a takeover offer it faces by rival UniCredit CRDI.MI, the court's website showed. nS8N3Q809P

Apollo Global Management and Irth Capital Management have approached Papa John's International for a deal that would take the U.S. pizza chain private, two people familiar with the matter said on Wednesday. nL1N3SE0XR

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