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Deals of the day-Mergers and acquisitions
Mar 5, 2025 3:20 AM

March 5 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Wednesday:

** Australian lender Commonwealth Bank of Australia ( CBAUF )

said it has sold its remaining 4.4% stake in Vietnam

International Commercial Joint Stock Bank, marking its

full exit from the Vietnamese lender.

** Swedish grocery retailer ICA Gruppen said it would sell its

Baltic subsidiary to Denmark's biggest supermarket operator

Salling Group in a deal worth 1.3 billion euros ($1.38 billion),

excluding debt.

** Nvidia ( NVDA )-backed CoreWeave said on Tuesday it is

acquiring AI developer platform Weights & Biases, as the company

seeks to extend its cloud platform ahead of its IPO.

** Japan's Trial Holdings said it would spend 382.6

billion yen ($2.55 billion) to acquire the Seiyu supermarket

chain controlled by U.S. private equity fund KKR.

** Arthur J. Gallagher ( AJG ) said on Tuesday it would acquire

rival Woodruff Sawyer in a $1.2 billion deal, marking the

insurance broker's latest move to expand its business.

(Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)

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