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Deals of the day-Mergers and acquisitions

ReutersAug 15, 2025 7:37 PM

- The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Friday:

** Switzerland's U-Blox Holding UBXN.S, a maker of microchips and software for car navigation, said it was in talks with Advent International about being taken over by the private equity firm.

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** A private equity firm founded by U.S. President Donald Trump's son-in-law Jared Kushner has signed a deal to buy an 8% stake in British lender OakNorth, Sky News reported, citing industry sources.

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** Associated British Foods has agreed to buy Hovis, giving it another big UK bread brand on top of Kingsmill, so they can better compete in a market that has seen a decline in demand for the packaged sliced loaf.

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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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