SPX5,074.08-322.44 -5.97%
DIA383.22-22.00 -5.43%
IXIC15,587.79-962.82 -5.82%

Deals of the day-Mergers and acquisitions

Reuters·03/27/2025 10:02:23
Listen to the news
Deals of the day-Mergers and acquisitions

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

** British investment platform AJ Bell AJBA.L said it would sell its personal and occupational pension schemes business to InvestAcc Group for up to 25 million pounds ($32.3 million), to focus on its core business.

** UK's Warehouse REIT WHRW.L said it could recommend Blackstone's BX.N 489 million-pound ($631.5 million) final all-cash takeover proposal if the asset manager comes up with a firm offer.

** An entity controlled by Indonesia's Widjaja family said it had offered to buy Singapore-listed Sinarmas Land SINA.SI, valuing the property firm at S$1.32 billion ($986.3 million).

** Private equity firm KKR KKR.N is nearing a deal to acquire Japanese medical gear maker Topcon 7732.T, according to people familiar with the matter, marking the latest sign of increased leveraged buyout activity in Japan.

** China-based Ninestar Corp 002180.SZ plans to sell printer and printing software maker Lexmark International II to Xerox XRX.O in a deal estimated at up to $150 million, a fraction of the price Xerox disclosed in December.

** U.S. property data group CoStar CSGP.O raised its acquisition bid for Domain Holdings DHG.AX, Australia's second-largest real estate classifieds company, with the revised deal now valued at A$2.80 billion ($1.76 billion).


(Compiled by Rajarshi Roy and Padmanabhan Ananthan in Bengaluru)

((Padmanabhan.Ananthan@thomsonreuters.com))