financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Feb 3, 2025 3:05 AM

Feb 3 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Monday:

** Triumph Group ( TGI ) has entered into a definitive

agreement under which affiliates of equity firms Warburg Pincus

and Berkshire Partners will acquire it for a total enterprise

value of about $3 billion, the aircraft parts maker said.

** Brazil's Moreira Salles family confirmed its interest in

buying French glass packaging maker Verallia but said

it would assess a bid after Verallia's full-year results on Feb.

19, sending the French firm's shares down as much as 10%.

** Spain's defence company Indra agreed to buy

89.7% of satellite operator Hispasat from Redeia for

725 million euros ($752.26 million), the company said on Friday

in a filing to the stock market regulator.

** Construction chemicals maker Sika said that it

has acquired Elmich Pte, a Singaporean construction firm and

supplier of greening systems.

(Compiled by Rajarshi Roy and Padmanabhan Ananthan in

Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Jun 6, 2024
08:44 AM EDT, 06/06/2024 (MT Newswires) -- Consumer stocks were leaning lower pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was marginally declining recently. Five Below ( FIVE ) declined by over 18% as its fiscal Q1 sales and earnings lagged market expectations and the...
HEALWELL AI Unit Partners With Takeda for Rare Disease Evidence Analysis
HEALWELL AI Unit Partners With Takeda for Rare Disease Evidence Analysis
Jun 6, 2024
08:45 AM EDT, 06/06/2024 (MT Newswires) -- HEALWELL AI (AIDX.TO) unit Pentavere Research Group partnered with Takeda Canada to pursue real-world evidence analysis for rare diseases. The partnership will focus on supporting patients suffering from hereditary angioedema (HAE) with normal C1 inhibitor across Canada. HAE with normal C1 inhibitor is an ultra-rare disease characterized by life-threatening recurrent, unpredictable swelling, and...
Jif peanut butter maker JM Smucker beats quarterly profit estimates on price hikes
Jif peanut butter maker JM Smucker beats quarterly profit estimates on price hikes
Jun 6, 2024
(Reuters) - Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit on Thursday, helped by higher prices of condiments and frozen food as well as lower input costs, sending its shares up 2% before the bell. Benefits from price hikes helped the company shield its margins from rising costs of coffee. It further benefited from manufacturing...
Novavax Stock Rallies In Pre-Market As Company Plans To Deliver Covid-19 Vaccine By September
Novavax Stock Rallies In Pre-Market As Company Plans To Deliver Covid-19 Vaccine By September
Jun 6, 2024
Novavax Inc. ( NVAX ) shares surged after the company announced its plans to deliver a regulator-recommended vaccine against a strain of Covid-19 by September. What Happened: The Maryland-based biotechnology company’s shares were trading higher by 21.60% to $25.50 in premarket trading on Thursday, at the time of writing, following the announcement. Novavax ( NVAX ) revealed that it is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved