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Deals of the day-Mergers and acquisitions

ReutersAug 15, 2025 9:39 AM

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** Associated British Foods has agreed to buy bread brand Hovis from private equity firm Endless, bolstering the group's loss-making Allied Bakeries unit which owns the Kingsmill, Sunblest and Allinson's brands, it said.

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** South Africa's Nedbank Group has agreed to sell its 21.2% stake in pan-African lender Ecobank to the private investment vehicle of financier Alain Nkontchou for $100 million, it said.

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** Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million).

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