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Deals of the day-Mergers and acquisitions
Mar 12, 2025 2:53 AM

March 12 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Global asset managers I Squared Capital and Macquarie are

among bidders vying for a stake in the fibre business of

Indonesia's Indosat Ooredoo Hutchison in a deal that could value

it at $1 billion, two people with knowledge of the matter said.

** Singapore's state investment company Temasek has signed a

deal to pick up close to a 10% stake in the snacks business of

India's Haldiram's at a cost of about $1 billion, two people

with direct knowledge of the matter said on Wednesday.

** Uber ( UBER ) has terminated its $950 million bid for

Delivery Hero's Foodpanda business in Taiwan, the food

delivery company said on Tuesday, owing to regulatory hurdles.

(Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)

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