SPX5,614.66-60.46 -1.07%
DIA416.53-2.68 -0.64%
IXIC17,504.12-304.55 -1.71%

Deals of the day-Mergers and acquisitions

Reuters·02/28/2025 10:33:06
Listen to the news
Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Credit Agricole > has acquired a 5.2% direct stake in Banco BPM <BAMI.MI> through Deutsche Bank, two sources with knowledge of a regulatory filing told Reuters.

** Brazilian software company Totvs <TOTS3.SA> said on Thursday it has decided to withdraw from the competitive process to buy StoneCo's <STNE.O> unit Linx, according to a securities filing.


(Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

((siddhi.mahatole@thomsonreuters.com))