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Deals of the day - Mergers and acquisitions

ReutersJun 26, 2025 9:01 PM

- The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** AI-focused broker consolidator Equal Parts has acquired Assurely, an Austin-based agency serving startups and emerging companies. nL6N3ST0U8

** Italian insurer Unipol UNPI.MI, the main shareholder in Banca Popolare di Sondrio BPSI.MI, said it had agreed to BPER's EMII.MI bid for Banca Popolare di Sondrio. nL4N3ST1D3

** CoreWeave CRWV.O is in talks to buy Core Scientific CORZ.O, after the bitcoin miner rejected an earlier deal from the cloud provider last year, the Wall Street Journal reported, citing people familiar with the matter. nL4N3ST1BD

** Two Canadian pension funds have halted a long-running auction for renewable energy developer Cubico Sustainable Investments that they had hoped could be valued at more than $6 billion, including debt, three people familiar with the matter said. nL6N3SS24F

** Italian spirits group Campari CPRI.MI has agreed to sell its historic Cinzano vermouth and its Frattina grappa brands to domestic rival Caffo Group 1915 for 100 million euros ($117 million), it said. nL8N3ST1CK

** Inszone Insurance Services has acquired Eagle Harbor Insurance, based in Bainbridge Island, Washington, and Osterts and Associates, based in Plano, Texas. nL6N3ST0PT

** Spanish energy company Repsol REP.MC said it has agreed to sell a 24% stake in Indonesia's Corridor Block gas operation to Jakarta-listed Medco Energi MEDC.JK for $425 million. nL8N3ST08P

** Shell's SHEL.L and Equinor's EQNR.OL British joint venture, set to become the biggest oil and gas producer in the UK North Sea, will be named Adura, the companies said. nL8N3ST14Z

** CarUX, a smart cockpit solutions provider and a subsidiary of Taiwan's display maker Innolux Corp <3481.TW>, said it will acquire Japan's Pioneer Corporation in a deal valued at 163.6 billion yen (around $1.1 billion). nL6N3ST0F8

** Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial, adding it was bound by UK rules which mean such a statement bans it from bidding for BP for the next six months. nL1N3ST08C


** Brookfield Asset Management will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said. nL4N3ST0FE

** The European Union's Court of Justice rejected appeals brought by German municipalities challenging an asset swap deal between RWE RWEG.DE and E.ON EONGn.DE. nL8N3ST0CT

** Russian food retailer Lenta LENT.MM said that it had acquired the Molniya chain of stores in the Chelyabinsk region. nS8N3SM02Z

** Candy maker Mars' takeover of Pringles maker Kellanova K.N was cleared by U.S. antitrust regulators on Wednesday, but their EU counterparts opened a full-scale investigation into the $36 billion deal, saying it could lead to price hikes. nL8N3SS1CE

** British consumer goods company PZ Cussons PZC.L said it would retain its self-tanning brand St. Tropez in the U.S., after evaluating a number of offers and alternative business models. nL4N3ST0DK

** Japan is driving Asia's M&A rebound in 2025 with a record $232 billion worth of deals in the first half, and bankers expect the trend to sustain fuelled by multi-billion dollar take-private arrangements, outbound investments and private equity activity. nL1N3ST05S

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