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
Mar 3, 2025 3:45 AM

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

acquisitions and disposals were reported by 1030 GMT on Monday:

** Chubb has reached agreements to acquire the property and

casualty insurance businesses of Liberty Mutual in Thailand and

Vietnam.

** Dutch bank ING said it has agreed to buy a 17.6%

stake in Van Lanschot Kempen, which would take its

total stake in the Dutch private wealth manager to 20.3%.

** Real estate income trust Welltower ( WELL ) said on Sunday it

will acquire Canada-based senior living company Amica Senior

Lifestyles' portfolio from the Ontario Teachers' Pension Plan

for C$4.6 billion ($3.18 billion).

** Private equity group Clearlake Capital is close to a deal to

buy a majority stake in Modernizing Medicine (ModMed) that could

value the medical software provider at $5.3 billion including

debt, the Financial Times reported on Sunday.

** Italian luxury group Prada is moving closer to a

deal to buy Versace from upmarket fashion group Capri Holdings ( CPRI )

after agreeing to a price of nearly 1.5 billion euros

($1.6 billion), Bloomberg News reported on Sunday.

(Compiled by Rajarshi Roy and Aamir Sohail 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 >
Meta expands 'Teen Accounts' to Facebook, Messenger amid children's online safety regulatory push
Meta expands 'Teen Accounts' to Facebook, Messenger amid children's online safety regulatory push
Apr 8, 2025
April 8 (Reuters) - Meta Platforms ( META ) is rolling out its Teen Accounts feature to Facebook and Messenger on Tuesday, as it faces sustained criticism about not doing enough to protect young users from online harms. The enhanced privacy and parental controls, which were introduced on Instagram last year, will address concerns about how teens are spending their...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Tradeweb Markets Launches Electronic Portfolio Trading for European Government Bonds
Tradeweb Markets Launches Electronic Portfolio Trading for European Government Bonds
Apr 8, 2025
06:03 AM EDT, 04/08/2025 (MT Newswires) -- Tradeweb Markets ( TW ) said Tuesday it has launched electronic portfolio trading for European government bonds, covering euros, UK Gilts, and single currency notes. The company said the first electronic portfolio trading transaction for European government bonds completed on its platform was between L&G and Citi as the liquidity provider. ...
Some US consumers stockpile goods ahead of Trump's new tariffs
Some US consumers stockpile goods ahead of Trump's new tariffs
Apr 8, 2025
SECAUCUS, New Jersey (Reuters) - Pushing a shopping cart down the aisle of a Walmart Supercenter, Thomas Jennings, 53, loaded up on juices, condiments and whatever he could think of. I'm buying double of whatever - beans, canned goods, flour, you name it, he said. His strategy is to stock up as much as possible before the Trump administration's latest...
Copyright 2023-2026 - www.financetom.com All Rights Reserved