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Deals of the day-Mergers and acquisitions
Mar 19, 2025 2:57 AM

March 19 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** British asset manager Intermediate Capital Group

plans to sell PSB Academy, one of Singapore's largest

independent tertiary education institutions, the Wall Street

Journal reported, citing people familiar with the situation.

** Drugmaker Pfizer has sold its entire stake in Haleon ( HLN )

for about 2.5 billion pounds ($3.24 billion) to

institutional investors and the consumer healthcare firm at 385

pence per share, a bookrunner for the deal said.

** Volkswagen said it sold a 2.2% stake in Traton

for 360 million euros ($393 million) or 32.75 euros

per share for better trading in shares of the

commercial-vehicles subsidiary.

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

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