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Deals of the day-Mergers and acquisitions

ReutersJul 16, 2025 1:38 PM

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

Private equity firm Warburg Pincus will acquire a majority stake in Keystone Agency Partners, the insurance broker announced.

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French industrial tech firm Schneider Electric <SCHN.PA> is in talks to buy the remaining 35% stake in its India unit from minority partner Temasek Holdings, Bloomberg News reported.

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Israeli mobile phone operator Pelephone has offered up to 2 billion shekels ($594 million) in cash to buy all of rival HOT Mobile from Patrick Drahi's Altice International, Pelephone's parent company Bezeq Israel Telecom <BEZQ.TA> said.

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