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Deals of the day-Mergers and acquisitions
Mar 26, 2025 3:23 AM

March 26 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Siemens Energy will sell 90% of its wind turbine

business in India and Sri Lanka to an investor group led by the

climate investment arm of buyout group TPG, it said on

Wednesday, in a push to focus on what it sees as core markets.

** DBS Group, Southeast Asia's top bank by assets, is

the frontrunner to buy a controlling stake in Indonesia's Panin

Bank, three people with knowledge of the matter said.

(Compiled by Rajarshi Roy and Padmanabhan Ananthan in

Bengaluru)

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