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Deals of the day-Mergers and acquisitions

ReutersJul 15, 2025 1:45 PM

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

Hong Kong-listed Sino Biopharmaceutical <1177.HK> said it will buy the remaining 95.09% stake it does not hold in Shanghai-based LaNova Medicines for no more than $950.92 million.

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Israeli carrier Israir said it was buying 20% of a local credit card company for 40 million shekels ($12 million) in a bid to grow its passenger base.

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Chinese electric vehicle firm Zeekr said it would be acquired by Geely Automobile Holdings.

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Scandinavian property companies Pandox AB and Eiendomsspar AS have agreed to buy Ireland's largest hotel group Dalata for 1.4 billion euros ($1.64 billion), the companies said.

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K2 Insurance Services is selling its Gene Mason-led Aegis Pro Risk portfolio, a book of business originally launched in late 2020 offering $5 million in primary and excess capacity, to The McGowan Companies, wholesale and program manager sources confirmed.

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