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Deals of the day-Mergers and acquisitions
Apr 3, 2025 2:59 AM

April 3 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** British healthcare REIT Assura has received a

1.5 billion pound ($1.96 billion) indicative cash-and-stock bid

from Primary Health Properties ( PHPRF ), above an earlier offer

it had rejected, but below a U.S. consortium's all-cash bid.

** Gucci owner Kering said its high-end eyewear

division had signed an agreement to acquire the entire share

capital of Italian manufacturer Visard and a minority stake in

another Italian company Mistral.

** Australia's Galan Lithium ( GLNLF ) said that it rejected

an offer from Zhejiang Huayou Cobalt Co and Renault

Group to acquire the lithium explorer's stake in its

Argentine assets for $150 million in cash.

(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

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