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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
May 26, 2025 7:31 AM

May 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Thai business magnate Charoen Sirivadhanabhakdi's Frasers

Property made a second attempt to take complete

control of Frasers Hospitality Trust in a deal valuing

the REIT at S$1.37 billion ($1.1 billion).

** TotalEnergies has signed an agreement with

Norwegian investment company HitecVision to sell 50% of Polish

biogas producer Polska Grupa Biogazowa, the French oil major

said.

** Australia's Insignia Financial ( IOOFF ) said that Bain

Capital has pulled its buyout offer due to volatile financial

markets, but the money manager added it was still in talks with

another suitor, investment manager CC Capital.

** GSK will buy efimosfermin, a liver disease drug

in late-stage trials, for up to $2 billion from U.S.

biotechnology firm Boston Pharmaceuticals, the British drugmaker

said.

** MFE-MediaForEurope, the TV broadcaster

controlled by Italy's Berlusconi family, is considering raising

its offer for Germany's ProSiebenSat.1, a source

close to the matter said.

** Private equity firm GTCR has signed a definitive

agreement to acquire UK insurance broker JMG Group, in

partnership with existing investor Synova.

** Samsung Electronics ( SSNLF ) said it had agreed to buy

Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it

looks to meet growing demand for cooling of data centres used

for artificial intelligence projects.

(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)

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