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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)

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