Feb 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:
** Switzerland's EFG International said it had posted
a net profit of 321.6 million Swiss francs ($356 million) in
2024, an increase of 6% from the previous year, and that it was
acquiring Swiss private bank Cité Gestion.
** Swiss technology firm Softwareone expects to close
its acquisition of Crayon Group ( CRAYF ) in June, earlier than
its previous guidance for a closure in the third quarter, it
said.
** Japanese trading house Mitsui & Co ( MITSF ) said it would
acquire a 40% stake in the Rio Tinto-operated,
Rhodes Ridge iron ore project in Western Australia for $5.34
billion to strengthen its long-term earnings base.
** Buyout firm Silver Lake is in exclusive discussions to
purchase a majority stake in Intel's ( INTC ) programmable chip
business, Altera, a person familiar with the matter told Reuters
on Tuesday.
** Payments processor Shift4 has agreed to buy travel
and retail-focused financial technology platform Global Blue ( GB )
in a deal valued at $2.5 billion, the companies said on
Tuesday.
(Compiled by Rajarshi Roy and Abhinav Parmar in Bengaluru)